Ideas-near term price drivers

O.kay, I have come to the realisation, and this has been reinforced/plagerised from a recent presentation that I just watched. The mkt has grown tired of these projects sitting at feasibility waiting for mkt conditions to change...if there is no immediate obvious catalyst for growth then the mkt simply not willing to price in potential upside.....which is obviously huge on PGM..

So PGM is really a bet on the mkt direction until that left field T.O offer or J.V deal comes in. (downside risk protection on PGM though cannot be discounted- and while I downsized my position I simply wont sell out of this)...... I still have no doubt there will be some consolidation and games around owendale, and while this could happen at anytime, the question remains.......when??

I would like to see one other devolpment go ahead in the resource space... ALK for example...... it has rear earths and zirconia and the world needs this. There are both economic and strategic reasons
that this project be developed, it clearly has fhe size and potential, yet still we wait..... When I see resource industry development start to happen I will get more bullish on PGM..

In the mean time heres what we could do to get the price moving....and i expect you will hate me for this and feel free to absolutely to deride my comments. But hear me out...

So we have 30% of munni munni potential Pilbara conglomerate play right??.... we could potentially do a deal with ARV..... because ARV need to reduce risk right, they need to get something more tangible backing the price..Im not saying I dont believe in WITs 2.0... just that prudent risk management dictates reducing risk... and ARV and NOVO have risk on their books if say gold finds appear to be localised and not distrubuted widely through the conglomerates.... not that they will advertise this to the mkt. But people in the game will find out down the track if this is the case.... one has to think that the board of PGM will be better equiped to assess value in the Pilbara than your average punter.

So Im suggesting a deal.... say for example - ARV sells additional 20% of munni munni to PGM. PGM give ARV 25% of Owendale, with caveat that they agree to help fund and state intentions to seek partners to raise capital at a future date... ARV agrees to search and develop Munni Munni first.. 50-50 J.V equal cost split...

Other caveats include that if no significant wits style gold found on munni munni tenement then PGM can rescind 15% of ARV's stake in Owendale if say finance options to either grow or develop Owendale have not been successful in two years time.(Well thought out clauses required around all this)

Why no rampy rampy on the gold my friends???