SDL at R16.00 is trading at a discount to Impala Platinum, which makes sense given the smaller resource bas…by @franco_cape on $SDL

SDL at R16.00 is trading at a discount to Impala Platinum, which makes sense given the smaller resource base, but the yield story looks thinner too. If palladium prices stay under pressure, the auto catalytic demand weakness could sting smaller players harder than the majors.