Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
well reading back, if this comes of, forget 55/60p growth comes from developing the Platreef Resources where production is expected to rise to 376,00oz pa over the next years facilitated by the construction of 8 X 100,000 tpa modular. The plants will be built consecutively and Sylvania is hopeful that as production builds the capital requirement will be funded from cash flow. At full production, and in today dollars, the company expects to report annual profits of GBP140-169m. The base metal removal plant will cost R300m (S.African rand) however at full capacity the plant will have annual production of 5,880 tonnes of nickel and 5,040 tonnes of copper. £140m-£169m!!! ummthat will be somewhere between £5 and £8 a share!!!