logo-loader
Tharisa PLC

Tharisa Plc beating expectations on PGM and chrome recoveries

Michael Jones, CFO at Tharisa Plc (LON:THS), talks Proactive's Andrew Scott through their second-quarter production performance.

Platinum group metal (PGM) recoveries measured 82.2% for the three month period ended March 31, compared to a target of 80% and the company produced some 38,200 ounces of PGMs.

Similarly, chrome recoveries improved to 66.3% which was better than the targeted 65% and the company achieved record chrome concentrate volumes, at 366,700 tonnes for the three month period.

Quick facts: Tharisa PLC

Price: £1.16

Market: LSE
Market Cap: £306.27 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Tharisa PLC named herein, including the promotion by the Company of Tharisa PLC in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Tharisa PLC books good cash and profit despite 'tough' first half

Phoevos Pouroulis, chief executive of Tharisa PLC (LON:THS), tells Proactive London's Andrew Scott that while the first half of the company's financial year presented a few challenges with lower chrome prices and reduced sales he's confident of a strong operational performance for the...

on 15/5/19

2 min read

;