Ann: Base metal results in Parks Reef, page-55

162.22 million on issue so a fair way to go before 1 Billion.

There are plenty of gold explorers looking to prove up a big resource before going mining, and their share prices aren't flagging.

I've traded options before and these heads at the price you'd expect to see for oppies.....and yet only 162.22 million heads on issue.
So any move upwards could be a big one.

The situation as I see it is summed up below:

1/ Too many shares issued in last raise, and they went to people who are only looking to sell at any price they can get.
Opportunity: The chance to hoover up a lot of these shares very cheaply.

2/ Lack of interest in the PGM sector in Australia. No promotion of 'Palladium' or 'Platinum' on HC in the way that 'Cobalt' and 'Lithium' have been promoted.
Opportunity: Maybe we are ahead of the curve, and the big interest is on it's way.

3/ Not many people seem to know about POD.
Opportunity: A resource upgrade to 1 Million+ oz's coupled with a solid marketing effort should bring in more investors.