With Platinum on “fire” and Palladium in hot pursuit, the financials of this project has the potential to be one of the most profitable mines in the world?
It is already very impressive even right now because we are cashed up and fully financed right to the end of CY27 when the FID would be made.
We have a long way to go before we can get excited about anything yet. I am guessing the next catalyst for SP appreciation would be the release of the PFS between Oct and Dec this year?
However, if (and thats a big IF) both Platinum and Palladium in particular continue to rise to new highs before the PFS between now and end of this year what is that going to do to the SP? All of a sudden the original scoping study released back in Aug 2023 is now looking more credible. It was always about the price of PGEs.
Platinum has had a good run last night and sitting at new highs.
All in my opinion only and not investment advice.
CHN Price at posting:
$1.60 Sentiment: None Disclosure: Held
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