Number 1 on the Podium - Find me a cheaper Precious Metals play, page-283

If after next resource update speculators see a high chance of 3moz of shallow PGE PLUS copper and rhodium then mkt cap could quickly reach 3m x 150 (per oz) or $450m - that's THREE times current !!!

As a more thorough poster has pointed out, the rhodium (5% of deposit ??!!) priced at circa $30k / oz plus Cu credits means extremely low mining cost. After tax profit of more than AUD 2000 / oz. So arguably one should capitalise the resource at more like $300 / oz. That would take mkt cap to to $900m !!!

And it's not hard to imagine speculators seeing the likelihood of much more than 3moz...

Zen