POD podium minerals limited

2.00%

5.1¢

Ann: Base metal results in Parks Reef, page-42

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Crom Valen

44,246 Posts.

2012

20/01/20

09:23

Post #: 42464965
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Originally posted by Pary ↑

This morning news:

"Palladium pushes above $US2,500

Palladium soared over 9 per cent to power above the key $US2,500 an ounce level for the first time on Friday, boosted by a chronic shortage of the metal in the market and hopes the global economy might be turning the corner.
Spot palladium was 6.9 per cent higher at $US2,472.80 per ounce having earlier surged past the $US2,500 an ounce level to hit a record peak of $US2,537.06. The auto-catalyst metal was also pacing for its best week since December 2001, surging more than 16 per cent.
“This is a structural deficit market that has been brewing for years and we don’t really see an increase in supply on the horizon to quell that,” said Ryan McKay, a commodity strategist at TD Securities.
Palladium has constantly been breaking records, rising more than 50 per cent last year, on a sustained supply squeeze and expectations for stricter emission laws across the globe.
Also helping boost prices, China and the United States signed a preliminary trade deal on Wednesday that could spur economic growth, and a Chinese auto industry group said vehicle sales would slow their decline.
Palladium is primarily used by automakers for catalytic converter manufacturing to clean car exhaust fumes.
Reuters"

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Hopefully no-one takes a look at POD and we continue to load up while the sheep follow the hearts into the latest pump & dump. Always better to be ahead of the pack. This is an undiscovered gem that is looking more lustrous by the day. The word is that Platinum is tipped to start following the Palladium price upwards, and this will come to pass in 2020 IMO.

POD Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.1¢		Change 0.001(2.00%)		Mkt cap ! $40.54M

Open	High	Low	Value	Volume
5.2¢	5.2¢	5.0¢	$37.06K	714.7K

Buyers (Bids)

No.	Vol.	Price($)
4	180833	5.0¢

Sellers (Offers)

Price($)	Vol.	No.
5.1¢	48842	1

View Market Depth

No.	Vol.	Price($)
4	180833	0.050
1	100000	0.048
3	708447	0.047
2	238891	0.046
2	240000	0.045

Price($)	Vol.	No.
0.051	48842	1
0.052	298090	2
0.053	110655	1
0.054	151121	2
0.055	275744	4

Last trade - 15.59pm 25/07/2025 (20 minute delay)

POD (ASX) Chart

Ann: Base metal results in Parks Reef, page-42

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