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Tharisa PLC

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 remainder of the year.

He says the benefits of the pit redesign should become evident in the second half and they're on track to achieve their FY2019 guidance of at least 150 koz PGMs and 1.4 Mt chrome concentrates.

Quick facts: Tharisa PLC

Price: £1.15

Market: LSE
Market Cap: £303.61 m
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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 8/10/18

2 min read

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