This project will go into production, I reckon. They have a highly experienced goal-aligned team (esp Rod Baxter), access to capital via Canaccord insiders and a well defined shallow resource with UG potential.
The long term outlook for PGMs is strong, albeit not well understood. We need clean air and 100% zero emissions is not possible without PGMs.
They haven’t done much to make the case for the compelling economics of the project. Badly needed. I think we will be pleasantly surprised when the SS is finalised.
The share price ran way ahead of itself in Q2 ‘21. Hangovers hurt.
POD Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
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