POD Mgmt. Goal IMHO over the near term is to make the "Parks Reef" project as attractive as possible to attract more interest(FUNDS) and hopefully either JVP or Insto/cornerstone investor to drive the development forward ~ More capital (Or maybe even T/O)...
we already know we have a Great Resource "largest Pt in Aus" .... todays ann backs this up ..very much a "South African Bushveld" like reef
PODs Prill split
Merensky reef SA
Worth a read >>
https://auctusmetals.com/platinum-analysis-ore-grades-s-african-pgm-mines-geological-structure-part-ii-by-dr-david-davis/
The prill split, however, does not give an indication of the PGM grade nor an indication of the PGM mining reef mix ratio of Merensky to UG2 to Platreef. It is important to ascertain an estimate of the grade of each reef.Any trends in grade over time therefore becomes a useful tool in ascertaining the many reasons for the decline in Platinum supply from South African PGM mines.
A change in the mining reef mix ratio has a significant impact on the combined grade and prill split. For example, as indicated above, the Platinum-rich Merensky Reef reserves have been depleting over time, which has led to the increasing exploitation of UG2 (which is both Palladium and Rhodium rich) and the Platreef. The Platreef reserve grades are relatively low when compared to the reserve grades of the Merensky and UG2 reefs.
