I have seen so many fluff announcements by other companies that make their share price jump 50% to 100% and we do 0%......lol
CHN trading at $2.6B and we are at only $131m.
One is either overvalued or the another undervalued!!!
I like Clayton's comments. There is plenty more to come with another resource upgrade and diamond drilling programme.
Executive Chairman Clayton Dodd commented:
“We are again pleased to report a considerable upgrade in Podium’s PGM resources at Parks Reef which now stands at 2.2m ounces of 3E PGM plus 79,000t copper, which at a later stage subject to reassaying of drill samples will include high value rhodium and iridium to form part of the JORC compliant resource. It’s a credit to our geological team over the past twelve months to complete various drill programmes along the full strike length of Parks Reef primarily targeting the top 100m, resulting in a significant new resource estimate. Recently we have drilled below 100m intersecting PGM mineralisation with a view of increasing the resources and shortly will commence the Parks Reef deeps, diamond drilling programme.
POD Price at posting:
47.0¢ Sentiment: Buy Disclosure: Held
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