Sibanye Stillwater Ltd (STU:47V)
€ 1.005 -0.06 (-5.63%) Market Cap: 2.91 Bil Enterprise Value: 4.09 Bil PE Ratio: 0 PB Ratio: 1.27 GF Score: 74/100

Half Year 2023 Sibanye Stillwater Ltd Earnings Call Transcript

Aug 29, 2023 / 12:00PM GMT
Release Date Price: €1.51 (-8.51%)
Neal John Froneman
Sibanye Stillwater Limited - CEO & Executive Director

Good afternoon, and good morning, ladies and gentlemen. Welcome to our H1 2023 results presentation. Just a few comments upfront. This has been another period of our results being impacted negatively by one-off events, some of them self-inflicted and some such as the extreme weather event in Australia, an act of God or for those of you who believe in climate change also self-inflicted by humanity, the economy and hence, the running of mining operations is in a particularly tough place globally at the moment, and there could well be a downturn as we see it for some time. Remember, we refer to these more as pandemics.

And this is where our antifragility culture or differentiator stands us in good state. As you will see from the title of the presentation, our antifragility differentiator is creating significant advantage to our peers for reasons that I'm going to outline in the first section. Antifragility for those of you who are wondering what it means, and I took this definition out of Wikipedia is something that does

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