Impala Platinum Hlgs (JSE: IMP) share price, discussion & sentiment

R198.84 holding but weak. stop loss raid incoming ngl

Come on R200, break through!

R198.84 ngl, good day to top up at these levels

R198.84, knocking on that door hey

Sitting at R198.84, ngl the rand strength is killing them but palladium and rhodium spreads still look decent compared to last year. Long term play if you can stomach the volatility, catalysts moving forward on the cost side once they get past this wage cycle. More eyes on the prize when spot prices tick up again.

BREAKING R200 SOON, PLATINUM CYCLE JUST STARTING!!

Honestly IMP is sitting on decent assets but the rand keeps killing the rand-denominated upside for us locals. R198 is not far from that R200 level but I need to see some actual cash flow improvement before I get excited again, platinum prices have been moody and cost pressures are real in those mines.

Sitting at R198.84, IMP is basically knocking on R200 which is interesting given where palladium and rhodium are trading. PGM cycle is early doors still, balance sheet has room to move if they can keep costs flat through the next phase. Patience looks like a real good idea here, catalysts moving forward on that front.

impala's got that springbok resilience, we're grinding through the tough bits

Good morning everyone, IMP down again hey

Sitting just under R200 here. PGM cycle is still weak but IMP's got the balance sheet to ride it out, unlike some of the smaller producers. Real question is when automotive demand picks up again, that's when this moves, simple as that.

strikes at R200 looking thin tbh

Platinum cycle is brutal but impala's got real assets in the ground, not vaporware. Yeah close was R198.84 but if you can't handle volatility in a cyclical commodity stock maybe equities aint for you. palladium autocats still need supply, rhodium spreads are fat, this company prints cash when the cycle turns. Long holders will win, I'm not worried.

sitting on imp at r198.84 and honestly the rand weakness is helping but the real story is palladium and rhodium prices staying decent while platinum grinds. if we crack r200 and hold it could be lekker for the next leg. production costs are still eating them though, load shedding is a bliksem for any miner right now.

after reading the MD&A, key takeaways for me are the rand strength is hurting realised prices even though spot's decent, and cost inflation on labour and power is eating margins. impala's got decent liquidity which matters given load-shedding keeps squeezing production, but the dividend yield at these levels is still attractive if you believe pgm demand holds through the cycle. anglos doing better on cost but IMP's got better reserves, so it's a patience game imo.

Platinum's dead money till China wakes up.

come on plat break out already

Rand weakness helping but platinum spot price is still the real game here, volumes matter more than currency moves imo

algos taking it down before the platinum pop, classic setup

R213.50 holding, patience looks like a real good idea