Sibanye stillwater SBSW - MEGA miner trading at major miner price
Mega international miner undervalued IMHO thanks to the PGM crash in prices ..but IMHO great buying if you have a longer-term outlook as the miner is more than just PGMs
Marketcap-$3.2Bill USD (A$4.9bill)
P/E -4.26
Yield-8%+
Cash $1.2Bill(DEBT around the same)
SP- $4.55
SBSW holds 51% of DRD Gold that's worth U$822mill (A$1.2Bill) ..
I've only started my research into SBSW but so far I like the risk reward
The 10 analysts offering 12-month price forecasts for Sibanye Stillwater Ltd have a median target of 6.77, with a high estimate of 11.00 and a low estimate of 3.85. The median estimate represents a +45.19% increase from the last price of 4.67.....
https://seekingalpha.com/article/464...tient-investor
Sibanye Stillwater is a South African mining and metals processing group with a diverse portfolio of projects spanning five continents. They are among the world's largest recyclers of platinum group metals (PGM) from auto-catalysts and have controlling interests in mine tailings retreatment operations. Sibanye produces platinum, palladium, rhodium, gold, ruthenium, nickel, chrome, copper, and cobalt, securing various revenue streams.
As The Value Corner, fellow Seeking Alpha analyst wrote in his June article, Sibanye has a wide economic moat that is built on its extensive mining and processing operations, including battery metals, and its global geographic reach. Initially a South African gold mining company, it has expanded through acquisitions and diversification, reducing its reliance on gold prices for profitability. The acquisition of the U.S. PGM business Stillwater has proven crucial for geographical diversification and stability. To date, Sibanye holds controlling stakes in international mining and processing operations, diversifying into "green metals," such as lithium and nickel, which are used in decarbonization projects. The company's diversified portfolio across a wide geographic area helps mitigate risks associated with relying on a single commodity or market, particularly in South Africa's complex political environment.
Anyway, the company's largest revenue segment is South African underground PGM operations - this is the company's largest resources base of all segments:
DISC -BUYING SBSW for long term hold
SBSW undervalued much ????
looking over SBSW projects is mind blowing ..when you look at CAPEX for many new mining operations A$1-2Bill
SBSW is worth just over A$3.2Bill... Worlds largest Platinum miner...
Projects>> pa production profile ...insane value for operations IMHO
In USA ..
-East Boulder mine>--- 423Koz PGM2 production p
-Reldan recycling plant>-- processed approximately 23mlbs of waste and produced 145koz of gold, 1.9Moz of silver, 22koz of palladium, 25koz of platinum, and 3.4mlbs of copper.
-Columbus Metallurgical Complex>-- processed and recycled a total of 598,774oz 3E PGM ounces from spent recycled catalytic converters
In South Africa
-Rustenburg>-- 628Koz PGM4
-Marikana>-- 672koz PGM4
-Kroonda/Platinum mile>-- 250koz PGM4
-Mimosa 50% JVP implats >-- (115koz) 57koz net PGM4
SA Gold operations
-Beatrix 93koz Gold
-Driefontein 152koz Gold
-Kloof 153koz Gold
-Cooke 32koz Gold
-DRD Gold 50.1% holding - 178koz Gold
-Rand Refinery 44% holding -(one of the largest refiners of gold globally)
Europe
France - nickel refinery with an annual production capacity of 12,000 tonnes of high-purity nickel metal
Aussie
Century zinc- tailings retreatment operation in Queensland, Australia. It is the largest tailings retreatment operation in Australia and ranks among the top 15 global zinc producers>> ---- zinc production of 118,108 metric tonnes
.......
Then you have many development Projects that would be worth upwards $A Billion++>>
Aus-Mt Lyell has a 135Mt Mineral Resource containing 1.1Mt of copper and 0.94Moz of gold across various underground and open pit deposits
SA Gold -two gold projects resources of 16.0Moz+
SA PGM 3x projects 4E PGM Mineral Resources of 53.1Moz.
40% stake in -Altar contained 1,408.6 million tonnes of declared attributable mineral resources at 0.4% copper and 0.1 g/t gold (13.1 billion pounds of copper and 4.3 million ounces of gold).
Canada - Marathon- (211.4 million pounds of copper and 1.0 million ounces of 2E+Au PGMs).
Finland- Keliber Lithium 79.8% JV - aims to be the first integrated high-purity lithium operation, producing lithium hydroxide chemicals from its own mined ore reserves. Estimated annual production of approximately 15,000 tonnes
Uranium SA>>- 32 million pounds of uranium resources on the surface at the Cooke tailings dam, and 27 million pounds of uranium resources at Beatrix
.....and I'm sure I've missed some projects ....huge exploration permits around the world
2022 PRECIOUS METALS MINERAL RESOURCE (389.5MOZ)
