PGM 10.7% 2.5¢ platina resources limited

Ann: Owendale Project Update, page-12

  1. 7,486 Posts.
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    Yeah Pustayo, why even say this now cos its only an option not yet decided on.
    Unless you had a prospective deal requiring initial entry at only this amount (?)
    It certainly ain't a PR exercise for the market hey haha.
    I would have waited for a deal to be announced first and this report in conjunction as a consequence of the deal (?) But PGM have always been conservative cf the others haven't they.
    Anyway the positive to this approach is the low capex which looks doable solo via PF on a supply contract for 20 tpa .......I think that's the intended message to get across ........and once seen to be a reliable supplier we could take the lead in the Sc stakes which is expected to hit 500 tpa demand in mid term.
    Its only a pilot plant size for Zeus's sakes but one which can take us to the lead in the Scandium stakes.
    Bck to pre Chrissie drinks ahead of a most interesting Q1 with news likely from four different directions.
    Who expected a final dip to fulfil the technos?
    Opinion
 
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