if you do a bit of googling you can see that similar deposits have been mined before. Not pretending it would be easy and you would get a fair bit of dilution, hence the plant would need to be significant $$$$$$. The potential would be to secure the oxidised zone rights, mine that to generate funds to enable deeper mining.
Agree that this would be a good fit for Chalice, surprised they are not grabbing it for cash, as I am sure the announcements on securing millions of ounces of PGM would increase the share price more than the cost.
if you do a bit of googling you can see that similar deposits...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.20M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 9123 | 2 |
View Market Depth
| Last trade - 08.30am 25/06/2025 (20 minute delay) ? |
| POD (ASX) Chart |
Day chart unavailable