Sylvania Platinum Maintains Guidance Amidst Challenges

Sylvania Platinum (GB:SLP) has released an update.

Sylvania Platinum Limited reported a 5% decrease in PGM production for Q3 FY2024 compared to the previous quarter, with 17,232 4E ounces produced and net revenue of $20.3 million. Despite challenges, including a wage strike, the company maintained its full-year guidance, announced a special dividend payout to shareholders, and continued progress on the Thaba JV project. The company remains financially robust, with a cash balance of $101.3 million, and is focused on optimizing operations and advancing project developments.

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