POD podium minerals limited

Ann: Diamond Drilling Confirms Continuity of Parks Reef at Depth, page-41

  1. 8,639 Posts.
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    it will all depends on how many PGMs and at what grades. Also if there is any gold, silver copper and/or other metals.

    To simplify things you can look at NST (SAR U/G mines) - they make really good profit by mining around 3.5g/t Au. So, if POD deposit has about 4g/t AuEq (gold equivalent) grades at 500m depths then this can be very profitable operation.

    My hope is POD proves around 5g/t AuEq. Anything above that is a bonus.

    Again, this is rough estimate...
 
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