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 |
3.4¢ | 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) ? |
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Ronald Miller, Non-Executive Director
Ronald Miller
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