Australia's largest stock trading and investment forum Australia's #1 stock forum

PGM

Click for more information

0.00%

2.2¢ platina resources limited

A Mega Mine, NSW lateritic clay belt, page-22

First 22 Last

Share
Profile

Follow
Bomber78

10,568 Posts.

901

23/01/18

17:16

Post #: 30507124
Share

Originally posted by gjouro ↑

Although idea of OBM is appealing, it may prevent scandium becoming a mainstream component in aluminium alloys and fuel cells.
It would mean that there are probably only 2 non-China, non-Russia scandium suppliers: Scandium International and OBM. That would leave little negotiation room for companies interested in scandium, something big companies like AirBus may not accept or smaller start-up companies involved in fuel cells cannot afford as the oligopoly may result in a higher price.
Scandium has to establish a market and prove there is a sustainable supply over a decade or 2, and asap before other other more advanced techniques may take over, eg graphene (too expensive for now but that will change). This would benefit us as shareholders (and inhabitants of this planet).
PGM has a lower cost for scandium compared to AUZ and CLQ, let them do the hard work of putting a focus on scandium, once more applied by the industry, scandium prices can climb again and PGM will be in the sweet spot..

Expand

PGM ~ 3 times the cost compared to CLQ where as a by product will be close to $250kg cash costs.

More research needed. Same goes for “Folly”.

PGM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 135 more messages in this thread...

First 22 Last

Add PGM (ASX) to my watchlist

(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $13.71M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.2¢	$990	45K

Buyers (Bids)

No.	Vol.	Price($)
1	8129	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	108936	1

View Market Depth

No.	Vol.	Price($)
1	8129	0.022
5	777968	0.021
6	680560	0.020
2	273166	0.019
2	104349	0.018

Price($)	Vol.	No.
0.024	108936	1
0.027	110000	1
0.029	102228	2
0.030	626099	4
0.031	158510	4

Last trade - 14.19pm 13/05/2024 (20 minute delay)

PGM (ASX) Chart

SPONSORED BY