Member Info for nimrod22

Platinum bullion up in Dollars: -
4.85% today, 12.03% in the week, 39.44% in the month. Sylvania has much more to come.

shares bought at $37, I imagine they know what their doing, and will be expecting a fairly substantial return !!

dilution underway?

https://www.reuters.com/article/china-autos/update-1-chinas-auto-sales-surged-30-in-jan-tenth-straight-monthly-gain-idUSL1N2KF0DJ
https://www.economies.com/commodities/platinum-analysis/platinum-breaches-the-barrier-%E2%80%93-analysis-%E2%80%93-9-2-2021-79204
https://www.miningmagazine.com/supply-chain-management/news/1404276/pgms-hydrogen-hopes-ride-on-heavy-vehicles

to push back up again. Telegraph has an article re another metals super cycle underway (one of many in recent times).

https://resourceworld.com/platinum-group-metals-we-need-them-more-than-you-may-think/
https://www.miningmx.com/news/platinum/45083-sas-pgm-sector-not-under-pressure-to-expand-as-platinum-supply-cliff-unfounded-says-ceo/
https://www.barrons.com/articles/platinum-prices-are-poised-to-bounce-back-here-are-stocks-and-funds-to-play-it-51612568254

SLP and THS, but for those who wish to place a safer a punt (and possibly de-risk), I've found Blackrock World Mining Trust (BRWM.L) to be a fairly secure place (and similar funds) , up 48% since 4th Feb 2020, and spread across a fairly large selection of interests (top holders own 38% of shares and are various trusts etc). All the data for mining share prices in general appears to be on the up, but market makers enjoy a profit when there's a sharp drop as well, and we've not had a correction since March. Always had a slight nagging concern that the SA government may see all the cash that SLP has and decide that they should benefit from a windfall tax.

Platinum up 4.1%
Palladium up 4.8%
db Physical Rhodium ETC (XRH0.L) up 5%

http://www.lbma.org.uk/assets/Forecast_2021_Interactive.pdf?_cldee=cm9zcy5hLm5vcm1hbkBtZS5jb20%3d&recipientid=contact-0f46f9024fa4e71180d6005056b11ceb-88f981f6136544b7942a22aaa3dcafb5&esid=728f462f-c866-eb11-8101-005056b11ceb

Xtr P Rhod (XRH0)
Up 13.64% today.

Compounded Annual Growth Rate over six years as shown on Stockpedia: -
Total Revenue 19%, Operating Profit 73%, Net Profit 89.1%, EPS Reported 92.1%, EPS Normalised 98.1%,
Cash Flow 47.2%,

https://www.fxstreet.com/analysis/supply-deficit-in-palladium-may-continue-to-support-price-202101271423

https://www.heraeus.com/media/media/hpm/doc_hpm/precious_metal_update/forecast_1/forecast_2021/Heraeus_Precious_Forecast_2021.pdf

dropping as it has done with the last six reports (all with good results), to be followed in a few days by a strong rebound.

dropping as it always does with SLP after reporting good results.

https://www.globenewswire.com/news-release/2021/01/25/2163716/0/en/Diesel-Sales-Up-28-in-2020-Boosting-Truck-Segment-Fuel-Economy.html

"Another buying opportunity has presented itself right now as the forthcoming half-year numbers are going to be eye-popping and will prompt significant analyst upgrades, the scale of which is simply not being priced in. Strip out net cash from Sylvania’s market capitalisation of £250m, and my financial models suggest the shares are trading on a forward cash-adjusted PE ratio of 2.7. I raise my target price to 145p and rate the shares a strong buy".

In Dollars, Platinum up today 0.28%
One week 2.39%
One month 7.86%
3 months 22.43%

https://www.miningnews.net/research/news/1403236/platinum-poised-to-fire-next

at past quarterly reports dates, there's usually a drop in share price over the following few days; though this has always been fairly quickly recovered. The the 2nd qtr results on 31st Jan 2020 was followed by a two day drop of around 10% and then a massive rise of around 73% up to 19th Feb 2020. Quite possibly a similar drop after the next quarterly results and then an upward rerate.

https://www.miningweekly.com/article/platinum-group-metals-demand-set-to-overwhelm-supply-balance-davis-2021-01-21/rep_id:3650
https://insights.abnamro.nl/en/2021/01/precious-metals-watch-the-outlook-for-platinum-palladium-remains-positive/