Member Info for MRPoisson

Well I'm in here at around 6.5p average (pre consol) so more than happy for 230p per share but will gladly take more if this sparks a bidding war. Lets hope more suitors join the party.....................

Surprisingly holding up well after the recent dusters. Something must be brewing......

Agreed; all too common occurrence with AIM shares.

Broker re rating to 33p and POG falling perhaps?

£1 end of 2015

Agreed. SLP is very undervalued and off the radar of most. Platinum prices can only go one way from here....

Cash balance at 31.12.13 was £.1.3M. Is Ironveld fully funded to meet all future projects or is there a possibility of a cash call on the cards?

At least some of the placing is an open offer so we can participate.

No confidence shown by the markets!

Always has been a leaky share - hopefully a sustained rise from now till results!

Market cap is £1.3bn so a similar valuation here would equate to circa 700p

Nice to see the SP creeeping back upwards. Nearly 10% in the last fortnight

Update on disposal of Bushveld Magnetite Iron Ore Assets and Dividend in Specie Further to Sylvania Platinum Limited's (Sylvania Platinum or the Company) announcements dated 7 March and 23 May 2012, Sylvania Platinum is pleased to announce final details of the distribution to its shareholders of the shares in Mercury Recycling Group Plc ("Mercury"), to be received in respect of the sale of the Company's iron ore assets, located on the Bushveld complex, South Africa ("Iron Ore Assets"). Update on disposal of Iron Ore Assets As previously announced, Sylvania Platinum entered into a legally binding conditional agreement with Mercury pursuant to which Mercury will acquire the Iron Ore Assets for approximately £13.7 million by issuing 203,022,285 fully paid ordinary shares in Mercury ("Consideration Shares"). Mercury has today published the Admission Document containing inter alia notice of a General Meeting of Mercury to be held on 15 August 2012. Subject to the approval of the shareholders of Mercury, completion of the sale of the Iron Ore Assets and re-admission of the enlarged Mercury Group to trading on AIM is expected to occur on 16 August 2012 ("Admission").

The share price is pretty irrelevant really, especially when comparing competitors. It's the market Cap that give the valuation. A company could have 1Million shares in issue with a s/p of 10p, another with only 1000 Shares in issue and a s/p of £100 - both companies are valued the same.

check the news tab above. SLP are to acquire 85% of the company via a share isse in return for SLPs Iron Ore assets at 6.75p.

Welcome, Sylvania shareholders will no own 85% of MRG!

This is looking tempting at sub 70p.... nearly bought a few months back at 99p

Ambrian’s Nick Mellor said that Sylvania Platinum (LON:SLV) deserves more than just a an acquisition valuation. He reckons that there is growing confidence in the commercial viability of Sylvania’s assets. “We continue to believe that, as the company missed out on the rally that many of its peers witnessed during the latter part of 2010 (off the back of a rally in PGM prices), it provides the best small-cap entry to platinum exposure in the global equity markets,” Mellor said. Mellor highlighted that Ambrian’s analyst were currently on site at Sylvania. http://www.proactiveinvestors.co.uk/columns/broker-spotlight/4910/broker-roundup-bhp-billiton-premier-oil-ryanair-gulf-keystone-petroleum-sterling-energy-caledonia-mining-sylvania-platinum-more-4910.html

I've answered my own question! http://www.sylvaniaplatinum.com/im/press/2011/250310%20SLP%20Admission%20to%20Trading%20on%20AIM%20ASX.pdf

Appeared SLP - Sylvania Platinum but noactivity so far today, anyone confirm?