Here is an example with rough estimates:
if POD proves 10km strike with 15m width and 2g/t AuEq then we are looking at around 14M Oz deposit. This is very rough estimate but it gives people idea of the size of the deposit (potential size).
And such deposit will guarantee lot more than 3x MC. But lot more drilling will be needed to get to that point. And the market will demand good part of such deposit to be converted into indicated resource rather then inferred. That will inject lot of confidence and support from major investors - instos etc..
If the widths/thickness are 20m (from 15m) then we are looking at 18M Oz AuEq. If grades are 2.5g/t then going to 23M Oz deposit.
these are very rough calcs and should not be taken as a claim to be true.
not fin advice etc..
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podium minerals limited
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Here is an example with rough estimates: if POD proves 10km...
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $27.25M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 3.9¢ | $42.22K | 1.059M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39963 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39963 | 0.040 |
2 | 932465 | 0.039 |
4 | 241212 | 0.038 |
3 | 97638 | 0.037 |
1 | 30000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 70000 | 1 |
0.043 | 131578 | 1 |
0.044 | 193602 | 1 |
0.045 | 443025 | 3 |
0.046 | 25180 | 1 |
Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
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POD (ASX) Chart |