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Tharisa Plc beats expectations setting new production and recovery records

Phoevos Pouroulis, chief executive of Tharisa plc (LON:THS), tells Proactive's Andrew Scott the group produced 152,200 ounces of platinum group metals and just under 1.5mln tonnes of chrome concentrate from its operations in South Africa in the year to September 2018 - a significant increase on the previous year, and sets new records.

Recoveries of platinum group metals and chrome were also up.

Quick facts: Tharisa PLC

Price: 76.55 GBX

LSE:THS
Market: LSE
Market Cap: £204.09 m
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Tharisa PLC still generating strong cash despite curtailed operational output

Tharisa PLC's (LON:THS) head of investor relations Ilja Graulich talks Proactive London's Andrew Scott through the group's results for the year to the end of September 2019. Tharisa posted sharply lower profits in the period as lower production and weaker chrome prices hit revenues however,...

on 29/11/19

2 min read