Just to add, I think the most likely outcome is a firming up in the metal's price and then a quick takeover from a larger player. The likes of Chalice could grab this deposit for maybe $40M (100% premium to current Market Cap), report to market and likely see a share price increase much greater than acquisition cost.
They could paint the picture that this gives them growth pipeline for PGM in stable jurisdiction and even infer possible processing synergies, although the chemistry may not support this.
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POD
podium minerals limited
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2.50%
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3.9¢

Just to add, I think the most likely outcome is a firming up in...
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $26.57M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 3.7¢ | $25.18K | 662.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 606723 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 99831 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 606723 | 0.036 |
1 | 28571 | 0.035 |
1 | 29411 | 0.034 |
1 | 242424 | 0.033 |
1 | 255136 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 99831 | 1 |
0.040 | 151578 | 2 |
0.042 | 74989 | 2 |
0.044 | 193602 | 1 |
0.045 | 443025 | 3 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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POD (ASX) Chart |