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14:47
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Agree catalytic converters disappearing but clean hydrogen requires PGEs.
Originally posted by Funkeeh:
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Sorry - count me out. If you look at where the money is being proposed to be spent - including on geophysical surveys - which is the earliest stage of exploration, on blue sky ifs and maybeeees- and management spending shareholder funds on info trips to South Africa - we are years away from this ever taking off. By that time, new car sales of petrol engines with catalytic converters which require platinum will be dwindling, and the platinum price even more languishing, as it has been for the last decade. Our share price will be below the SPO price of 7.2c within 2 weeks of the shares being issued. Too slow, too late. And there is nothing world class about it either, no matter how many times they throw those words into the releases.
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