i think the biggest problem is mining the deposit . I mean 2k down by 15 meters wide by 15k long .. How would this be done? The best outcome for POD would be for a company with deep pockets to take it over via a share swap, then sit on it, and work the mining logistics. If it was mined and processed into a concentrate on-site, it would probably need a billion-dollar plant . I predict more capital raises when they run out of money. In the end, when capital raises fail , it will probably be sold to, or taken over by another company. A dam shame , but mining is a tough game. Challice CHN should do a share-swap for it. Traditionally, management sits on these companies and gets the public to finance them, swapping management periodically. look at Australian Mining for example.
I could imagine a circular bore to extract the mineralized ore, but would it need to be 2k long? i don't think it's going to happen, at least not in the short term
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podium minerals limited
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Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $22.48M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.3¢ | $94.13K | 2.787M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 541906 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 250194 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 541906 | 0.032 |
5 | 1200760 | 0.031 |
7 | 1143918 | 0.030 |
4 | 848275 | 0.029 |
1 | 311876 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 250194 | 2 |
0.036 | 516003 | 3 |
0.038 | 197000 | 1 |
0.039 | 120000 | 1 |
0.040 | 185799 | 1 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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