Olympian not trying to be picky, but that price is per ounce not...

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Brian53

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01/05/21

15:35

Post #: 52868636
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Originally posted by olympian: ↑

Retest of the breakout 6.7 .... standard MO
Don't see much volume selling now.
Buyers in the shadows looking for exposed volume offerings under the 8.2 PP
Next push thru 8.2+ shld quickly see 13 IMO
I note "Panthera Palladium" at #2 now ...... didn't have the "Palladium" bit before
That's billionaire Tom Kaplan, biggest private miner.
Yandal is King Midas himself who has interest in every WA resources success haha ...... hope that rubs off on us with out "Go for Gold" initiative.
Don't underestimate what is happening now at Munni Munni ........ ARV plant on their ML just up the road could handle success there.
And that Rhodium 0.1 g/t at USD 27,000 per tonne is big bucks added
I remember hearing somewhere at 7000 bucks a tonne it was enough to cover the likely mining costs.
Suspect this new work is maybe for JORC upgrade to reserve status for at a portion of it (?) ahead of early development ?
it wouldn't surprise me if so.
Feeling a lot more comfy with PGM now and reckon it has started its path toward my min EW3 targets.
Just as SIZE has.
Fantastic plays coming up toward a likely Skaergaard PFS into next year

OWEP

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Olympian not trying to be picky, but that price is per ounce not per tonne! If we could produce one tonne of Rhodium we would certainly enter what could be called our salad days.

PGM Price at posting: 7.2¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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