Sylvania (SLV) Sylvania Resources (SLV) shares continue to move nicely higher. The group has now received cleared funds from the recent placement of 22.9 million shares. Sylvania is now equipped to make the transition from a development focus to a production focus as it concentrates on developing its chrome washing and PGM recovery plants in South Africa. At 108p, we are now up 35% in the space of 6 weeks or so. There is still more to come, for the reasons I have discussed previously. "Buy".
SLV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held