Could not agree more except for the rhodium dropping like a stone. Despite the conspiracy theorists going on about bots etc (you know which one in particular and you are hilarious to read) it was as you say disappointed SH's who exited. I exited most of mine yesterday and so did some of my Homies accounting for most of the volume( a lot more to come next week so hold onto your hats). We achieved 3 x MOI in a little over 8 months, not bad, but the upside was DESTROYED in the last 4 months with the JORC upgrade date release continual delay, compounded by coming in at the low end of expectations. If I knew how bad this was going to be I would have exited for much more in May. Should of would of could of......my bad
The challenge you existing shareholders have to consider are the following factors
1. There is a big CR coming. If this was the pump so help me god!
2. Management over promised and under delivered on the JORC upgrade timing which is a relatively simple report to achieve
3. Given 2 above how are they going to deliver on the reports required going forward as they are much more difficult
4. The poly-metallic metal suite price deck will have to be much higher than today to be economic below 100M meters
4. Parkes Reef is a low grade, poly-metallic, metallurgically complex project which if ever developed will be billions in capex and years in development
Unless the precious metals sentiment radically changes in the next 6 months then I believe this will flat line at best. Good luck to all holders, this is not advice just observations so spend your money wisely. You get what you pay for in the end and this just reinforced my investment criteria......now come the inevitable haters....which will be entertaining to read
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podium minerals limited
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Could not agree more except for the rhodium dropping like a...
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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) ? |
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RESOLUTION MINERALS LTD
Craig Lindsay, In-Country CEO
Craig Lindsay
In-Country CEO
SPONSORED BY The Market Online