doubt they plan to do another CR soon. Hence why they abandoned the extensional drilling and will focus on infill drilling which I think will be only in the areas where the first 2 pits will be. Plan is to extend the cash as far as they can.
CR probably around H2 23 in hope markets are more stable then and there is willingness to invest. Doing it now will be, as some others pointed out, expensive. Unless POD reports some really juicy Rh, Ir and/or Cu & Ni grades which can cause SP to spike around 4x which will allow POD to do another CR for another $5-$7m to allow them to fast-track the development by going more aggressive with the infill drilling.
At least 3 years before any chance of any production with more realistic timelines of around 5 years - my own view.
- Forums
- ASX - By Stock
- POD
- Ann: South-West Connect ASX Showcase Presentation
POD
podium minerals limited
Add to My Watchlist
0.00%
!
3.3¢

Ann: South-West Connect ASX Showcase Presentation, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.48M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.3¢ | $9.357K | 280.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3823 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 14864 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3823 | 0.034 |
3 | 124515 | 0.033 |
3 | 385656 | 0.032 |
3 | 869954 | 0.031 |
8 | 1158918 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 14864 | 1 |
0.036 | 543003 | 4 |
0.037 | 27054 | 1 |
0.038 | 197000 | 1 |
0.039 | 120000 | 1 |
Last trade - 14.39pm 17/06/2025 (20 minute delay) ? |
Featured News
POD (ASX) Chart |
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online