Member Info for SiriusB

Serabi sp now at all time lows which is surprising given the coringa update. I’m tempted to take a reasonable position here but waiting for it to settle post the update. Clearly the market doesn’t like the uncertainty around concluding the license and/or timescales.

Careful what you wish for…

Have to release an update if materially ahead

I heard that the last two times and it didn’t stop running. Turned quick though

That’s a good summary and what I took away. Some good detail and clarification on next development and exploration targets

Is there a way to watch/listen to the presentation today?

Yes much higher across Europe for all second hand cars too. We’re lucky they drive on the wrong side of the road!

See if any big orders get announced at the Paris air show tomorrow

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