Cannot believe that the chat about 40g/t palladium at depth has gone through to the keeper without comment.
That is what we need, big time, more massive sulphides - a lot more.
And all this stuff about NPV, discount rate, capex - blah,blah,blah
It is simple - dig it up and flog it.
Saw a mention over the weekend that SA PGE mines cherry pick their ore initially to maximise positive cashflow - perhaps we should import some SA mining people to show us how to do it.
There has been a few mentions that low value ore cannot be shipped - no explanation why this should be so.
It looks like shipping rates from somewhere down Fremantle way to China is approx $10 per wmt. - which leave plenty of margin to miners - particularly if the ore in question has been value added.
No investment advice here.
Big Buyer arrived, page-15
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Last
$1.52 |
Change
-0.050(3.18%) |
Mkt cap ! $591.3M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.58 | $1.51 | $5.400M | 3.510M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 8171 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |