Just fiddling around with the numbers based on today's prices.
Gold+Palladium+Platinum+Copper+Nickel = Gold Equivalent of 2.836 million ounces @ 1.434g/t plus rhodium/iridium.
We don't yet know what the size and scale of the iridium will be but given the prices are still substantial on a per ounce basis the affect on gold equivalent will be very big indeed.
These numbers have a lot of moving parts based on all the different metal prices and exchange rates, but let's say the price of palladium and platinum increases by 10% each then POD ends up at Gold Equivalent of 3 million ounces @ 1.51g/t plus rhodium/iridium.
In the high grade areas where rhodium/iridium amounted to 1.35/gt and 0.7/got out of 25.74g/t grades, the prices add about 50% premium to the other PGM metals (excludes copper and nickel).
Thus all things being equal, the current resource may be a good 4.5 million gold equivalent at 2.3g/t.
Well worth looking at all the different parts of this... The next resource upgrade to 200m could make this a 10m Au Eq resource.
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