Sylvania Platinum (LON: SLP) has more than doubled interim revenues and declared a 2p/share interim dividend. The outlook for platinum group metals production and prices remains positive. There was a small contribution from the Thaba chrome joint venture, which should make a larger contribution in the second half. The AIM-quoted tailings processor and minerals explorer, […]

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Sylvania Platinum (LON: SLP) reported its interims last week and the share price slipped 3.36% to 51.7p, having fallen to 47.5p at one point. Company chair Eileen Carr bought 60,000 shares at 49.74p each. She owns 130,000 shares. The interim dividend is 1p/share, and the shares go ex-dividend on 29 February. Business Sylvania Platinum operates […]

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Sylvania Platinum (LON: SLP) has updated its dividend policy and it intends to pay 40% of free cash flow. The latest interim is 3p a share and Liberum forecasts a total 2022-23 dividend of 9p a share, increasing to 14p a share next year – although it may not be maintained at that level.   […]

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Sylvania Platinum (LON: SLP) is one of the most cash generative companies on AIM. Even after paying dividends the cash pile is increasing and management has plans to spend some of it on further increases in production. There could be news about potential new projects in the summer. The group has six chrome beneficiation and […]

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