They're not hard assumptions to make Ric so I think you are...

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Proicey

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10/02/22

12:03

Post #: 59481782
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Originally posted by ric45: ↑

I think this announcement gives us a look into the future of what is possible at Parkes reef

If the mineralisation is consistent and so far it has been we would be looking at approx 6m ounces to a depth of 325m

So its entirely possible to get 10m ounces at 500m

That's fairly close to what Chalice has got isn't it ?

Plus there's a billion dollars worth of copper there now

I also like that the management are keeping us informed regularly it keeps us relevant

The only downside is the sad state of affairs in the laboratory's of WA where samples are taking 3 months + to analyse which is affecting all WA mining companies.

However we are quite lucky that we don't need the assays to continue our next drilling campaign which means no hold ups on that front so imho we are on a winner here just need a little patience

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They're not hard assumptions to make Ric so I think you are right on the money. The question in my mind though is, if those assumptions can be easily made, why is there such a disparity between POD's market cap and that of CHN. I'm not suggesting they should have the same market cap, but if POD's market cap was half that of CHN, it would be party time

POD Price at posting: 44.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

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(20min delay)
Last 3.6¢		Change 0.000(0.00%)		Mkt cap ! $24.53M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
9	120000	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.6¢	169955	3

View Market Depth

No.	Vol.	Price($)
9	120000	0.041
1	75000	0.039
3	293175	0.038
3	320555	0.036
3	81345	0.033

Price($)	Vol.	No.
0.036	169955	3
0.037	211256	6
0.038	197000	1
0.039	170000	2
0.042	20000	1

Last trade - 10.06am 19/06/2025 (20 minute delay)

POD (ASX) Chart

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