Doing some numbers ..POD parks reef is a MASSIVE PGM5 resource and if its ever going be economically mined it's going to have to be a large operation IMHO ..why its lower grade Vs what we see in many of the world's PGM areas..
https://auctusmetals.com/platinum-analysis-ore-grades-s-african-pgm-mines-geological-structure-part-ii-by-dr-david-davis/
Just down to 250m POD has 184Mt of 1.3g/t PGM5 + base metal credits
If we have a processing plant of size 5Mtpa that's still 30yrs+ LOM... 80% recoveries
would see around 160Koz PGM5 pa + base metal credit ..if it was a open-pit
now at present PGM5 basket price it's not going be attractive ...but we see Pt $2koz+ Pd 2koz+ Rh Ir much higher next minute we have average PGM5 price A$3-4koz ..then I'm sure its going to become much more attractive to a Large PGM refinery , miner to want to JVP and bring the major CAPEX Bill+
As if you used basic number 160koz x 3k = A$480mill pa gross ..now not sure about reductions from refinery margins + shipping etc but surely Base metal credits would help with costs ... when you start putting LOM for the first stage to 250m towards 25-30yrs and to 500m add another 25yrs+ and deeper potential
Just maybe we could attract a Sibanye that has the refiners and PGM experience + capital .. has invested in Aussie with the Tassie Tin mine https://www.sibanyestillwater.com/business/australia/
- Forums
- ASX - By Stock
- Ann: Podium Increases Resource by 27% to 7.6Moz 5E PGM
Doing some numbers ..POD parks reef is a MASSIVE PGM5 resource...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POD (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.2¢ |
Change
0.002(4.00%) |
Mkt cap ! $23.64M |
Open | High | Low | Value | Volume |
4.8¢ | 5.2¢ | 4.8¢ | $20.03K | 389.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 145038 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 192529 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 145040 | 0.049 |
1 | 113979 | 0.048 |
2 | 110244 | 0.047 |
2 | 42774 | 0.046 |
1 | 65000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 140398 | 4 |
0.053 | 72500 | 2 |
0.054 | 90909 | 2 |
0.055 | 20000 | 1 |
0.056 | 80000 | 2 |
Last trade - 15.51pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
5.1¢ |
  |
Change
0.002 ( 4.08 %) |
|||
Open | High | Low | Volume | ||
5.0¢ | 5.2¢ | 5.0¢ | 78700 | ||
Last updated 15.46pm 06/05/2024 ? |
Featured News
POD (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online