Number 1 on the Podium - Find me a cheaper Precious Metals play, page-1020

Well, based soley on the 9.2m tons upper horizon of high grade 3PGM/copper/nickel as a direct comparison to CHN's maiden JORC and EV, the POD share price should be around $1.02.

This does not take into account the other 70 million tons of POD JORC material, or the remaining 80% of the exploration target down to 200m, or the rest of the reef down to 500m, or any additional high grade results since I did my whacky POD/CHN spreadsheet last year.

It also doesn't take into account rhodium and iridium which CHN does not have.

I would say $1.52 is conservative.