Worth noting the narrow width of the SA PGM mines in the table. POD is likely to have some fairly wide, high grade starter mines. The average width of the remainder should yield significant ROI. Higher opex but still plenty of margin. If POD can start generating anywhere close to $100m pa at 100k oz pa PGM initial production and ramp from there, all other worries fade away. It can and it will IMHO. DYOR.
Ann: Australia's First 5E PGM Resource Defined with 3M PGM Oz, page-31
Add to My Watchlist
What is My Watchlist?
