Production Guidance Lifted Again
- Adam Strydom
- May 13
- 1 min read
Sylvania Platinum Limited has increased its full-year 4E platinum group metals (PGM) guidance again, to 78,000–80,000oz. Positive developments at Millsell (a new column flotation cell), Lesedi (initiatives to improve feed source and profitability) and Lannex (optimisation efforts) are likely behind management’s increased confidence. Q325 results were healthy (largely in line, but for higher depreciation and royalties tax and lower finance income) and support Edison Group's forecasts, which remain unchanged. The earnings outlook for FY26 remains strong. Due to the depreciation of the dollar to sterling, Edison has reduced their valuation by 7.5% from 99.6p/share to 92.1p/share, which is almost twice the current share price.
05 May 2025
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