PGM platina resources limited

sellers becoming an endangered species

  1. 7,486 Posts.
    lightbulb Created with Sketch. 515
    at current levels.

    Slashed thru 5.7 resistance (and it sure proved to be minor suggesting not too many weak holders took the last pro rata entitlement)and straight to first tech PP 9.0.

    Minor retrace again with no significant volume for mandatory minor retrace.

    And now, how do we get stock.

    130 mill shr cap / 9 mill market cap / 15 mill ozs (min) precious metals resource / EV abt 40c per resource ounce.

    IFFFFF u believe precious metals are going to be a lot higher than now over next 3 years primary upward wave (as I do), why would you want to sell any at these prices ?

    Well seems like not many do (?)

    Last major capital raisings were done at 33-35. suspect there will be a few stale bulls at those levels, and a couple minor PPs below, but hey, someone needs to provide some liquidity in this TIGHT stock.

    I am looking well beyond to retest old highs over Edelson's 3 year target period where he expects POG much higher ... but POPd to rocket !

    Remember also that current 8 mill ozs Pd resource at Skaergaard is based cut-offs reflective of current pricing .... at Edelson's targets we might have to lower cut-offs to bring into play more of the 30 mill ozs global resource earlier suggested.

    Looking good. Feeling great.

    IMBOOC
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.6¢
Change
0.000(0.00%)
Mkt cap ! $16.76M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $13.18K 507.1K

Buyers (Bids)

No. Vol. Price($)
1 32244 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 85000 1
View Market Depth
Last trade - 14.37pm 17/09/2025 (20 minute delay) ?
PGM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.