Ann: Base metal results in Parks Reef, page-53

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Crom Valen

44,246 Posts.

2012

23/01/20

03:45

Post #: 42527542
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Originally posted by Arh0070 ↑

POD is one of the few pgm mines/miners worldwide that has not had any kind of move up in price during the massive price rise of palladium ,significant price of platinum that we have all seen .So I would say”Houston there is a problem”.One might denigrate “Parker in gold rush”.But with an expenditure in the order of 1-2 million on a plant and a small crew he generates something like 7 million US per year plus in gold production and a lot of publicity .Its pretty obvious that the conventional approach to prove up a deposit and analyze it for pgms and other metals is not working for POD at this moment in time ,its price is languishing and there was significant dilution to get money to explore further and prove up more reserves .The current enterprise value of POD is 6million AU which is about 3.5-4 million US . As a shareholder in POD it time for the management to “think outside of the box”,thats my point .They have a very shallow deposit which is presumably easy to access with simple technology .They need to stop spending money proving up reserves and start thinking and proceeding with some type of pilot plant to generate revenue .I dont care about “economies of scale” in a 100,000 ounce plant which would cost hundreds of millions “it ain’t going to happen”.

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POD SP is not moving because shares from the last CR are still being dumped on the market. When the dumping stops we might start to move. The buy side is improving.

POD Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 5.0¢		Change -0.001(1.96%)		Mkt cap ! $39.74M

Open	High	Low	Value	Volume
5.1¢	5.2¢	4.9¢	$80.98K	1.605M

Buyers (Bids)

No.	Vol.	Price($)
1	34060	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.0¢	65716	2

View Market Depth

No.	Vol.	Price($)
1	34060	0.049
2	110437	0.048
4	724425	0.047
2	238891	0.046
3	540000	0.045

Price($)	Vol.	No.
0.050	65716	2
0.051	130661	1
0.052	157641	2
0.053	110655	1
0.054	20410	1

Last trade - 15.59pm 28/07/2025 (20 minute delay)

POD (ASX) Chart

Ann: Base metal results in Parks Reef, page-53

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Ann: Base metal results in Parks Reef, page-53

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