Monday, December 22, 2014

Catching up with Sylvania Platnium

I have not talked much about my palladium and platinum dump operator Sylvania Platinum in a long while. The company continues to meet and or exceed expectations at its various dump operations. They published their annual report way back in October. Sales, earnings, and cashflow were all up for the year. You can read the report here. No one cares about these metals now but they will eventually. In the meantime the company keeps performing and if they keep up what they are doing I expect a dividend maybe this year. From the annual report:

I remain a long term bull on PGM's and this company.

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