The reason that Chalice is worth what it is, is only partly the PGEs. They've got the largest nickel asset discovered in over 20 years, with 0.58% grade, we're at 0.1%.
0.58% is worth looking at for its own mining purposes, so if you add on the PGE then you're laughing. Can look at it the other way around, but you're still laughing.
So for us, there's currently a 6x decrease in our Nickel worth, and that's a piece of why we're much lower in our market cap. But I'm hopeful that the next drill results to come, and the Ir/Rh will go some way to reducing that gap. Even so, you need to process all of this, and the Capex required to turn 0.1% NiSulphide into Nickel is vast. At least we've got sulphide, not oxide.
Not trying to dampen the excitement - I've got 2 fat fingers in this pie already! But we would need some pretty bloody epic results between the 300-500-1000 (if @AlfieKnows is right, which I hope he is!)
Super low volumes traded on an exciting low SOI opportunity. This should pop one day
- Forums
- ASX - By Stock
- Ann: Parks Reef PGM Mineral Resource Upgrade
POD
podium minerals limited
Add to My Watchlist
13.9%
!
4.1¢

The reason that Chalice is worth what it is, is only partly the...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
4.1¢ |
Change
0.005(13.9%) |
Mkt cap ! $27.93M |
Open | High | Low | Value | Volume |
3.8¢ | 4.7¢ | 3.8¢ | $152.9K | 3.691M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 121681 | 4.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 131578 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 121681 | 0.041 |
3 | 182638 | 0.040 |
3 | 105461 | 0.039 |
2 | 171212 | 0.038 |
4 | 367638 | 0.037 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 131578 | 1 |
0.043 | 215279 | 3 |
0.044 | 157075 | 3 |
0.045 | 416667 | 2 |
0.046 | 25180 | 1 |
Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
Featured News
POD (ASX) Chart |
The Watchlist
RML
RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online