Latest spruiksheets from Euroz and Morningstar on pgms prices...

Latest spruiksheets from Euroz and Morningstar on pgms prices ahead are very interesting.

Euroz forecasts Pt at USD2000/oz and Pd at 1200/oz within next 12 months. That's a bold call from a conservative broker. Its Ok bros, thats only the beginning, pgms prices are heading much higher over next few years.

There will be a price critical mass for Skaergaard's 5 mill ozs Au/8 mill ozs Pd below which hmmmm ... and above which half a bill - 1 bill buyout to major looking for inventory.

Then there are the Oz sleepers Owendale and Munni Munni ... easier to handle than Greenland and both with inventories.

Don't expect PGM's market cap to remain in single figures for too much longer. BIG watch Pd price pivotal breakthrough 770+.

Don't know of any other global "instrument" providing such a fantastic call option on pgms prices with no expiry.

PGM chart now looks primed for breakout.

IMBOOC