Member Info for LunaNera

I like boring . Every time until the dividends come....

Please don't. I'm quite happy for the price to remain below 90p.

Given that the dividend payment is sound, it s a good proposition going forward.

Am I the only one welcoming a price drop?

Hi Velo.

Trading around a position, are we? ;)

BMW puts their stake in the ground for hydrogen.

https://www.seattletimes.com/business/bmw-boss-says-hydrogen-not-electric-will-be-hippest-thing-to-drive/

Small fry, but I don't see SLP not being able to cover their dividend in the near future and there are growth prospects ahead. Yes, it will take a bit of time, but I do like the steady and prudent approach.

Drop to 70p? Yes please! I adore a good pre-Xmas sale. Well, one can always hope for another discount.

If anyone thought that interest rates below the 1% were sustainable, they were mistaken.

I am sure we all expected this to eventually come to an end.

Here's to a nice selloff then.

I always welcome a topup opportunity :P.

I love it when quality is discounted.

Thank you Mr Market

I love large pullbacks whilst still on the buy side :P

That's fine. All things considered, they looked rather cheap and I do like a bargain. So we managed to back up the truck and load up quite a few more at 80-81p.

I love unfounded negativity on short-term outlooks.

It's a well run business with an outstanding track record. I trust them with my money. There aren't many.

Hi Quiggers

By doing nothing I was refering to Charlie Munger's "sit on your ass" investing ;) Ie doing nothing. No frictional costs, no bad sell decisions etc... Just let it run (and increase the position as was the case for me over the past years).

Just listening to the earnings call.... Did I just hear Jaco saying "GROWTH" ? o_O :P

Well, the 3-5 year prospect does look rather good for a double in output. Happy to hear that with current resources the mine lifetime is expected to last at least 10 more years.

I shall keep doing nothing and collect the cash instead.

Indeed. I did not get tempted by momentum, meme or moon stocks. I'm too cheap to pay these prices ;)

Lovely Divi. Nice payday for doing nothing ;)

I would class the reliance on the Rh price for growrh in SP as risk.

Surely, Sylvania has a plan how to grow its business. Growth at all cost is dangerous. I am OK waiting a bit longer, keeping my eyes peeled on progress with her capital projects.

If in the meantime prices fluctuate, so be it. Eventually, I would like to see some inteinsic growth though.

The resources in this world are not infinite.

Some materials are needed to ensure life remains sustainable.

It is unlikely that we turn a fossil fuel economy into a solar or hydrogen powered one by 2030.

Worth giving this some thought.

At some stage, it's Sylvania that has to grow, not the price of Rhodium.... or increase the dividend.

I wonder whether the BOD are considering becoming a chrome/PGM miner directly, rather than simply being a tailings reprocessor.

Unser this light, building this cash position makes sense.

What Mark Simpson didn't mention is that BMW is about to bring out a whole line of hydrogen cars and is comitted to building 400 hyrdogen refilling stations in DE.

Might become rather interesting for Platinum over the next 2-3 years....

Indeed a good time for entry. Took advantage for a nice refill in the 80s.

Simply Wall St is automated.

toptiger, I've been in the UK since 1989 ;)

Indeed, it is rather ironic for Germany to run out of gas. 4th quarter results shoud be out soon. Will be interesting. Rh held up rather well, all things considered.

The ironic thing is that she is now back to using... wait for it... COAL.