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Updated Corporate Investor Presentation
Updated Corporate Investor Presentation

10 September 2024

2024 Annual Report
2024 Annual Report

10 September 2024

ESG: Supporting our strategy
ESG: Supporting our strategy

01 November 2023

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2024 results overview

Financial highlights

NET REVENUE

$81.7m

(FY2023: $130.2m)

GROUP EBITDA

$13.5m

(FY2023: $66.0m)

BASIC EPS

2.66c

(FY2023: 17.01c)

CASH BALANCE

$97.8m

(FY2023: $124.2m)

ANNUAL DIVIDEND

3p per ordinary share

(FY2024: 1p Interim Dividend, 1p Special Dividend, 1p Final Dividend)
(FY2023: 8p)

Operational highlights

4E and 6E PGM PRODUCTION

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

(FY2023: 75,469oz 4E / 95,965oz 6E)

GROUP CASH COST/PER 4E PGM

$907/oz

(FY2023: $771/oz)

PGM 4E BASKET PRICE

$1,339/oz

(FY2023: 2,086/oz)

About us

Sylvania’s core business is the retreatment of PGM-bearing chrome tailings. The group has a low risk profile which is underpinned by skilled management, low costs and a focus on cash generation and returns to shareholders.

The Sylvania cash-generating subsidiaries are incorporated in South Africa with the functional currency of these operations being South African Rand (ZAR). Revenues from the sale of PGMs are received in United States Dollar ($/USD) and then converted into ZAR.

Through the Thaba JV, we aim to process chrome tailings from ex isting historical dumps and ROM chrome ore from the Limberg Chrome Mine to produce PGM and chromite concentrate, expanding our operations and leveraging our expertise in chrome and PGM recovery.

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Sylvania Dump Operations Mineral Asset Development Operations map [map]

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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