Amazing to see CHN easily raise $70m in this market at small discount. Really goes to show the gulf between CHN and the other PGM players, and why POD could be a good PGM play given it is so cheap. POD basket grade at current metal and PGM prices is higher per tonne ore than CHN, and the resource is just under half the size. Serious potential here IMO but we need to get a flowsheet that hangs together, do that and the insto’s and soph’s will join.
Ann: Share Purchase Plan and Placement Results, page-9
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