The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Shandypants, re point 2 I believe Drs will have a long history of patients where salt based tablets don’t work and hence once they know about the product will move straight to prescribing it for those that need it. My wife has struggled for years with border line anemia. Salt based tablets do absolutely nothing so whilst she goes back to doctor once a year there’s nothing appropriate to do and hence she has to live with it. If her doctor had accrufer available I believe it would be prescribed straight away. The woman’s health opportunity is huge and immediate
AOP have supported Shield since IPO and have come to the rescue each time cash has been needed to keep the company afloat. Their average must be much higher so they must be eyeing up a return after many years of pain for them
Hard to understand what you are saying but if the board had predicted the future and forecast exactly what has happened the price would have gone to where it is now straight away so you would have lost the same amount of money but in a shorter time. If anything what has happened is that traders coming in for a short term recovery play have lost money as it didn’t go the way it was expected to. The board made the best decision with the info they had at the time. Sure they might have not been the right ones in hindsight and risks should have been better understood, with other options considered, but you buy in to the board making these decisions. I still think JSE is a good recovery play just with a longer horizon and as long as you managed position size you can buy more on the way down. Chairman buying today anyway
Easiest is Tharisa own twitter feed. Update every Monday morning. You have to pay for live data and at best you may find some delayed data for free
I believe we’re more likely to see an explosion in ICE sales in the developing economies with the largest population growth than anything hybrid/EV. Too expensive and why shouldn’t they maximise the lowest cost technology to their advantage like the developed world has. More understanding and awareness of emissions now though so much more likely to want cleaner air with catalysts fitted
No. As stated by IR only a few posts down
Given Russia are the other big producer the question is how much of China and India’s demand for PGMs for example is being satisfied by them? Hence the RoW don’t see increased demand. Certainly has been the case with Oil
The options were from 5 years ago. Look at the sp then and now…it was the same. So probably a 10-15% discount from current sp for option price. Can’t blame her for having buy and then sell immediately
IR have stated that the load shedding/power issues are not affecting Tharisa production. Other platinum miners in SA (underground) are saying it is impacting production by 5-20%. If that plays out this year then at 70% of total supply that should have a big effect on the price!
It was a sale. The RNS says so. Apparently options from years ago expired
Not really. Right now if it was 55% palladium and 17% platinum Tharisa would be making far more money given current prices of each
Palladium price is quite volatile day to day. Take the big move back up today as another example. Overall price is trending lower as opposed to platinum that’s started trending up. Could be substitution given current price differences. I remember 10 years ago when I bought my wedding ring with my wife I went palladium as it was half the price of platinum. The tables have turned now. I think platinum is undervalued as a PM and should do well from this level
Q1 production numbers next week. Let’s see if they can continue to increase production offsetting overall lower PGM basket price. Would be great to see more chrome production at these higher prices
Great summary of Karo financing Visitor and thanks for sharing. I agree with what you say about needing clear guidance on funding for Karo however I am sure the company are biding their time and keeping all options on the table right now to secure the best outcome for shareholders. As you highlighted the PGM basket and Chrome price is key so if it strengthens in 2023 then funding organically should be the best option. I have invested in Tharisa for the PGM exposure as I believe prices will hold up well through the energy transition this decade and immediately as China finds its feet post covid. Parallels would be HZM. They decided to raise more money to cover increased costs but they have no cash flow option. That hit the sp hard but it’s recovered a bit as the mine development gathers pace, risk is reduced and Nickel price strengthens. Tharisa is at the start of this process with Karo but has more options on how to fund. It’s certainly an exciting 18 months for the Company that’s for sure.
Also interested in where you get the basket price from too. I just usually follow Tharisa’s update but haven’t seen one this week. Platinum flat but palladium down on the PM front
AIM?
Anyone grab the article under the free trial they can share please?
AISC last update $1637 (significant improvement from previous) vs Gold price now at $1618 as I write. SP currently reflecting this potentially loss making right now. We need price of gold to bottom and AISC to continue to come down
That trading update couldn’t have been worded more negatively. Decreasing output, increasing costs, weak prices, late milestones, etc yet still up 4%. Any other company would have taken a hammering. Just goes to show the current value here
SP behaving like this is going bust. See if 24p can hold. No doubt being driven by POG and rising costs. Such a shame after the positive results from Palito and trucking ore from Corringa over last few months. Has just been overtaken by events. Will be very hard to raise any money going forwards