POD podium minerals limited

9.09%

3.6¢

Mate, if you compare our MC to CHN (especially considering our...

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Poohbear

3,392 Posts.

1024

13/04/22

08:39

Post #: 60821195
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Originally posted by PetrStiff: ↑

Anyone do their due diligence on the accounts and expenditures?

On a shallow numbers assessment it really looks like POD is some kind of gravy train lifestyle company. The admin+corporate to exploration cost ratio is astoundingly 50-300% (see below). Holy F. For a typical junior exploration company this should ideally be around 10-15%. Is POD not a junior exploration company? Or is it more a junior developer?

BUT...

Considering the raise history (see below) - which is $7.5mil total in the entirety of POD's life on the ASX! - the numbers make more sense. $7.5mil is tiny. Conversely the return to shareholders has been absolutely ginormous! Wow POD sure know how to bring value to shareholders.

Given the resource geometry it really looks like the drilling has been strategically played out scarcely with a data driven wait and see approach. Frugality!

Any comments from the POD community?

I am not a holder btw so there is no bias in this assessment. Maybe now some little sunk cost bias in the time i have spent doing DD ahah!

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Mate, if you compare our MC to CHN (especially considering our JORC will probably improve dramatically with the deep drill results) our SP is woefully undervalued. I’ve got no issues with management thus far.

POD Price at posting: 48.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.6¢		Change 0.003(9.09%)		Mkt cap ! $24.53M

Open	High	Low	Value	Volume
3.4¢	3.6¢	3.2¢	$26.90K	772.5K

Buyers (Bids)

No.	Vol.	Price($)
1	10103	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.5¢	21242	1

View Market Depth

No.	Vol.	Price($)
1	10103	0.033
4	527042	0.032
5	1119954	0.031
9	1183918	0.030
4	848275	0.029

Price($)	Vol.	No.
0.035	21242	1
0.036	93003	1
0.037	125676	2
0.038	197000	1
0.039	120000	1

Last trade - 15.59pm 18/06/2025 (20 minute delay)

POD (ASX) Chart

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