Member Info for nimrod22

worth setting up some price limit buys of increasing size to pick up some cheap shares if there should be any further gradual or sudden drop in share price.

https://www.miningmx.com/trending/44625-platinum-resurgent-as-chinese-consumers-choose-it-over-expensive-gold-jewellery/
https://www.energyandcapital.com/articles/best-performing-metal-of-covid-19-it-s-not-gold-or-silver-/97848

Sylvania is doing quite good, so are many other miners. During the month Glencore up 48%. RIO Tinto up 21%. BHP up 24%.
Freeport McMoran FCX:NYQ up 34%. Companies are ramping up to provide the necessary after the Covid set back. The etf's are also providing good gains, particularly on Platinum, up 22.5% in a month. It maybe that all the metal commodities will be on a roll for the next three months...minimum.

Platinum up 17.48 % in a month in Dollar terms. 7.2% in the last week.

https://ukinvestormagazine.co.uk/platinum-prices-rise-as-global-hydrogen-fuel-demand-could-require-600koz-of-supply-by-2030/
world Koz of Platinum supplied in past years
2013 2014 2015 2016 2017 2018 2019
5,845 5,215 6,185 6,060 6,155 6,135 6,097

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/rhodium-market-has-little-elasticity-as-price-doubles-in-2020-61460810

tomorrow, maybe some news re possible windfall dividend

https://www.cfdtrading.com/palladium-xpdusd-up-27-35-in-last-4-hours-tops-all-metals-moves-up-for-the-2nd-day-in-a-row/509727/

OPTI posts mention the jam that's coming soon, very little mention of the 35% drop over five years.
On the other hand you could invest on the US big board or NASDAQ in Chinese companies such as NIO:NYQ up 10% today and 2,700% over the year or XPEV:NYQ up 21% today, 225% in six months, or RIDE:NSQ up 185% on the year or American companies such as FCEL:NMQ up 52% today 1,000+% in the year or Bloom Energy BE:NYQ up 16% today, 248% in the year.

is being used in direct fuel cell plants and should help Sylvania's SP.
Fuelcell Energy Inc FCEL:NMQ up 43% today (75% in a week, 941% on the year). I guess a top slice maybe in order !!
Those with an interest in some of the Chinese electric car makers quoted in the USA are on a roll as well... XPEV up 24%, NIO up 10%, LI up 13.5% today

Rhodium ETC up nearly 5% today. db Physical Rhodium ETC. XRH0:LSE:USD

https://www.mining.com/platinum-deficit-to-reach-1-2-million-ounces-in-2020-report/

"We asked our freelance writers to share the top micro-cap stocks they’d buy this month. Here’s what they chose:
Tom Rodgers: Sylvania Platinum
Sylvania Platinum (LSE: SLP) is one of those stocks I think will become increasingly strategically important. The platinum group metals the company processes at a low cost from its base in South Africa are used in practically every modern electrical appliance. Prices for rhodium and palladium have rocketed to near all time highs this year as demand outstrips supply. With $55m cash and no debt, profits and earnings per share both doubling from 2019 to 2020, and investors in line for a special windfall dividend in 2021, this is one of the most obvious micro-cap no-brainers I’ve seen for years".

the green/hydrogen shares are worth a revisit, due to their Platinum involvement. There are multiple sources re Platinum and its future, which tend to conflict, though it appears that it may well be in for a substantial rerate. The Gold Platinum ratio has peaked at above 2, and appears to be correcting closer to its longer term position.
A post I made below on another site.
"I sold my green/hydrogen shares 3 or 4 months back as they were mostly trading sideways, though back in for the last couple of weeks as their direction appears to be more guaranteed upwards. I bought FuelCell Energy, Inc. (FCEL) yesterday, up about 27% today. My biggest mistake was selling the French company MCPHY.PA too early (up 922% on the year), you can't win them all!! Most of the green company's have a Platinum connection.

db Physical Rhodium ETC
XRH0:LSE:USD
up 128% over one year

https://www.kitco.com/news/2020-11-17/Platinum-market-to-see-more-than-1-million-ounce-deficit-in-2020-World-Platinum-Council.html

https://www.professionaljeweller.com/platinum-prices-on-the-cusp-of-comeback-believes-industry-veteran/

I edited the quote re a bowl graph, original follows... "This pattern typically takes a long time, six months to a year." Didn't want to get in the way of some good news!!
The ten year graph is interesting in its own right, and provides insight in to the steady progress of Sylvania.
Some additional quote from the same source..."In his book Encyclopaedia Of Chart Patterns, Thomas Bulkowski tested and rated the various patterns, and the rounded, or bowl, pattern was the second most likely to rise, with a 54% chance to rise 20% or more. Even if a stock isn't the next big winner, it's a big bonus if you have a better than average chance of making money on the trade".

price up 2.9% today, 7.8% on the week.

bowl pattern over the 10 year period? Breakout was around the 50p mark. "The bowl pattern is exactly what it sounds like -- a rounded pattern that gives a buy signal when the stock price exceeds the lip of the "bowl." The breakout should occur on high volume, at least doubling the low volume from the dip. This pattern typically takes a long time to develop and once the breakout occurs, the stock should rise to the equivalent of the price from the bottom to the "lip" of the bowl "

https://www.forbes.com/sites/rainermichaelpreiss/2020/11/12/the-investment-case-for-platinum/?sh=21f2d87d5c9d

https://www.heraeus.com/media/media/hpm/doc_hpm/precious_metal_update/en_6/Appraisal_20201116.pdf