SLV 0.00% 74.5¢ sylvania resources limited

pgm plants operational

  1. 779 Posts.
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    Announcement out PGM plants operational with Millsell producing and ramping up to full capacity.

    UK didnt like the announcement no movement on price.

    Was disappointing in that the announcement stated full production at Millsell is 590 oz / month when presentation in May was stating 690 oz / month as a base with potential for big upside (50%). Share price had a bit of upside factored in hence the recent pullback.

    Still hoping they beat the base production as they ramp up so we see a bit more upside.

    I am still looking for $5+ on this one 12 month timeframe
 
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