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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i think the biggest problem is mining the deposit . I mean 2k...
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.41M |
Open | High | Low | Value | Volume |
3.6¢ | 4.2¢ | 3.4¢ | $136.0K | 3.553M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 72000 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 575 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 72000 | 0.037 |
1 | 134560 | 0.036 |
3 | 120000 | 0.035 |
4 | 191000 | 0.034 |
4 | 486479 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 575 | 1 |
0.039 | 4426 | 2 |
0.040 | 204809 | 1 |
0.041 | 493208 | 2 |
0.042 | 850732 | 6 |
Last trade - 14.49pm 25/06/2025 (20 minute delay) ? |
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POD (ASX) Chart |