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2025 results overview

Financial highlights

NET REVENUE

$104.2m

(FY2024: $81,7m)

GROUP EBITDA

$29.3m

(FY2024: $13.5m)

BASIC EPS

7.73c

(FY2024: 2.66c)

CASH BALANCE

$60.9m

(FY2024: $97.8m)

ANNUAL DIVIDEND

2.75p per ordinary share

(FY2025: 0.75p Interim Dividend, 2p Final Dividend)
(FY2024: 2p Annual Dividend, 1p Special Dividend)

Operational highlights

4E and 6E PGM PRODUCTION

81,002oz (4E) / 104,233oz (6E)

(FY2024: 72,704oz 4E / 92,426oz 6E)

GROUP CASH COST/PER 4E PGM

$912/oz

(FY2024: $907/oz)

PGM 4E BASKET PRICE

$1,507/oz

(FY2024: 1,339/oz)

OUR BUSINESS

Operations

The Sylvania Dump Operations (SDOs) are chrome beneficiation and PGM processing plants, treating a combination of ROM and current and historical chrome tailings at host mine-sites. Transformational Thaba JV will comprises of chrome beneficiation and PGM processing plants, treating a combination of ROM and historical chrome tailings.

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Exploration assets

Volspruit is a shallow PGE-Ni-Cu deposit located at the Southern end of the Northern Limb of the Bushveld Complex. The Far Northern Limb Projects include two contiguous PGE-Ni-Cu projects, Aurora and Hacra, located at the extreme northern end of the Northern Limb of the Bushveld Igneous Complex.

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