Australia's largest stock trading and investment forum Australia's #1 stock forum

PGM

Click for more information

4.76%

2.0¢ platina resources limited

Ann: Key step completed in finalising Skaergaard sale, page-104

First 104 Last

Share
Profile

Follow
TillLindemann

14,681 Posts.

451

09/09/20

22:13

Post #: 47220640
Share

Originally posted by bond00what: ↑

reading between the lines here - theyve had Owendale for years. completed DFS for 2 years and cant secure an offtake. Either the project financials dont stack up and its too expensive, or the market for Sc is too small and its not cost effective to sell overseas.

now theyve seen the success of CLQ recently with their Pt, so management have thought "hey we've hit Pt whynot change the focus"
Will need to redrill an already proven resource targeting a different mineral, and maybe refresh the DFS while were at it.

With the greenland sale, its a great time to pump the SP and tip the hat - i smell a CR coming

Expand

The market for scandium might have been small, but it is poised to rocket into space. Pardon the pun.

Watch this recent episode of Four Corners:

https://www.abc.net.au/4corners/the-new-space-age/12613242

Then look at this offtake from our neighbour:

https://*********.com.au/clean-teq-supply-scandium-relativity-space-3d-printing-space-rockets/

Last edited by TillLindemann: 09/09/20

PGM Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

PFE

Pantera begins drilling of maiden test well at Smackover

There are more pages in this discussion • 1 more message in this thread...

First 104 Last

Add PGM (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change -0.001(4.76%)		Mkt cap ! $12.46M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$1.43K	68.16K

Buyers (Bids)

No.	Vol.	Price($)
3	523761	2.0¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	43045	1

View Market Depth

No.	Vol.	Price($)
3	523761	0.020
6	978300	0.019
3	888882	0.018
4	305876	0.017
1	40233	0.016

Price($)	Vol.	No.
0.023	43045	1
0.024	857222	4
0.025	85162	2
0.026	265913	1
0.027	200000	2

Last trade - 14.04pm 07/11/2024 (20 minute delay)

PGM (ASX) Chart