POD 0.00% 3.8¢ podium minerals limited

Ann: Approvals Open Door to Add Ounces From Undrilled 800mSection, page-10

  1. 16,059 Posts.
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    Hmm...I did have a look at POD actually thinking about an investment here.

    POD has very good grades and already a 2.8Moz 3E Pge resource which is not bad. I thought why is this not higher in valuation and sp which is the reason I was thinking of dipping some funds into here.

    But comparing this with CHN , I see they have a better deposit being 10Moz and rapidly expanding + the ore body is relatively from surface and flat bodied in nature.

    Then I had a look a POD's deposit...it looks to me as a vertical pipe from surface down to over 600m deep. That was primarily what put me off putting some capital here.

    Not cross promoting - just stating my layman's opinion.


    https://hotcopper.com.au/data/attachments/4399/4399393-25c74e210cd5a69b3b8865ed05c775a1.jpg

    Last edited by kevin103: 02/06/22
 
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