@BuddyFox I completely agree with you, however, personally I don't concern my self with the day-to-day movements in the share price. The market cap will always eventually catch up to reflect the value of the asset. Currently there isn't a 'hard asset' to bring to market. That's what the systematic drilling program is going to achieve. Once a marketable, economic deposit is brought to 'market', the share price will reflect the value of that 'asset'.
I am confident that the market will value POD as a billion dollar company, quite rapidly with a full 5E-PGM suite inferred resource and a clear plan for infill drilling and deeper exploration.
This is a well managed, systematic explorer, with only one area of focus which is massive in dimension, easily defined and targeted resource (due to reef mineralisation) and extremely economical to pit/UG extract, not to mention reduced AISC for production and processing due to those incredible base metal credits.
Day-to-day share price will fluctuate with the ST traders and overly energetic bored kids, but eventually I am more than confident we will re-rate past a billion dollar MC as we progress to bringing a marketable asset to the investment community.
Regards,
Alf
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podium minerals limited
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Number 1 on the Podium - Find me a cheaper Precious Metals play, page-796
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Last
4.0¢ |
Change
-0.004(9.09%) |
Mkt cap ! $31.79M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.7¢ | $82.07K | 2.071M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 135000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.040 |
3 | 120814 | 0.039 |
4 | 551819 | 0.038 |
6 | 840058 | 0.037 |
2 | 136328 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 135000 | 1 |
0.042 | 237279 | 1 |
0.043 | 25842 | 1 |
0.044 | 83473 | 2 |
0.046 | 299234 | 1 |
Last trade - 12.41pm 30/06/2025 (20 minute delay) ? |
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POD (ASX) Chart |