UK 07:37 Saturday, 17 October 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Platinum group metals and chrome producer Tharisa (THS) has announced what it emphasises as a further “key step” in its development with an agreement, “subject to the fulfilment of certain conditions”, for a $130 million debt facility with Société Générale and Absa Bank. However, also noting end-2022 net cash of $101.1 million, what’s the debt facility agreement a “key step” for?
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