REG - Sylvania Platinum - Investor Presentation

Sylvania PlatinumAnnouncement

06/09/2021 07:15

RNS Number : 8073K
  
Sylvania Platinum Limited
  
06 September 2021
  
 

                                                                                                                                                     
 
 
 
 
                             _____________________________________________________________________________________________________________________________
 
6 September 2021
 
 
Sylvania Platinum Limited 
 ("Sylvania" or the "Company")
 
 
Publication of Updated Corporate Investor Presentation
 
 
Sylvania (AIM: SLP) is pleased to announce that an updated corporate presentation is now available for download from the Company's website, www.sylvaniaplatinum.com.
 
 
CONTACT DETAILS
 



For further information, please contact:








Jaco Prinsloo CEO
Lewanne Carminati CFO


+27 11 673 1171




 
 








Nominated Adviser and Broker








Liberum Capital Limited


+44 (0) 20 3100 2000




Richard Crawley / Scott Mathieson / Ed Phillips 








 
 








Communications








Alma PR Limited


+44 (0) 20 3405 0205




Justine James / Harriett Jackson/ Faye Calow 


sylvania@almapr.co.uk



 
 
CORPORATE INFORMATION
 
 



Registered and postal address:


Sylvania Platinum Limited








Clarendon House








2 Church Street








Hamilton HM 11








Bermuda














 
 
SA Operations postal address:


 
 
PO Box 976








Florida Hills, 1716








South Africa




 
 







Sylvania Website: www.sylvaniaplatinum.com
 
About Sylvania Platinum Limited
 
Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (Platinum, Palladium and Rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.
 
 
For more information visit https://www.sylvaniaplatinum.com/ 
 




ANNEXURE
 



GLOSSARY OF TERMS FY2021




The following definitions apply throughout the period:




4E PGMs


4E PGM ounces include the precious metal elements Platinum, Palladium, Rhodium and Gold 




6E PGMs


6E ounces include the 4E elements plus additional Iridium and Ruthenium




AGM


Annual General Meeting




AIM


Alternative Investment Market of the London Stock Exchange




All-in sustaining cost


Production costs plus all costs relating to sustaining current production and sustaining capital expenditure.




All-in cost


All-in sustaining cost plus non-sustaining and expansion capital expenditure




ASX


Australian Securities Exchange




Current risings


Fresh chrome tails from current operating host mines processing operations 




DMRE


Department of Mineral Resources and Energy




EBITDA


Earnings before interest, tax, depreciation and amortisation




EA


Environmental Authorisation




EIA


Environmental Impact Assessment




EIR


Effective interest rate




EMPR


Environmental Management Programme Report




GBP


Great British Pound




IASB


International Accounting Standards Board




IFRIC


International Financial Reporting Interpretation Committee




IFRS


International Financial Reporting Standards




I&APs


Interested and Affected Parties




Lesedi


Phoenix Platinum Mining Proprietary Limited, renamed Sylvania Lesedi




LSE


London Stock Exchange




LTI


Lost time injury




MF2


Milling and flotation technology




MPRDA


Mineral and Petroleum Resources Development Act 




MRA


Mining Right Application




MTO


Mining Titles Office




NOMR


New Order Mining Right




NWA


National Water Act 36 of 1998




Option Plan


Sylvania Platinum Limited Share Option Plan




PGM


Platinum group metals comprising mainly platinum, palladium, rhodium and gold




PAR


Pan African Resources Plc




Phoenix


Phoenix Platinum Mining Proprietary Limited, renamed Sylvania Lesedi




Pipeline ounces


6E ounces delivered but not invoiced




Pipeline revenue


Revenue recognised for ounces delivered, but not yet invoiced based on contractual timelines




Pipeline sales adjustment


Adjustments to pipeline revenues based on the basket price for the period between delivery and invoicing 




Programme


Sylvania Platinum Share Buyback Programme




Project Echo


Secondary PGM Milling and Flotation (MF2) program announced in FY2017 to design and install additional new additional fine grinding mills and flotation circuits at Millsell, Doornbosch, Tweefontein and Mooinooi.




Revenue (by products)


Revenue earned on Ruthenium, Iridium, Nickel and Copper




RoM


Run of mine




SDO


Sylvania dump operations




Shares


Common shares




Sylvania


Sylvania Platinum Limited, a company incorporated in Bermuda




USD


United States Dollar




WIP


Work in progress




WULA


Water Use Licence Application




UK


United Kingdom of Great Britain and Northern Ireland




ZAR


South African Rand



 

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