Number 1 on the Podium - Find me a cheaper Precious Metals play, page-1096

"The Breakaway Research (November 2021) advanced a
“target price” of $1.50 per share, assuming the resource
increases 50% (from 2.2m ozs) and PGM prices remains flat.
The resource would appear to be on its way to comfortably
exceed the “50% increase” (ie to 3.3m ozs) and PGM prices
have edged upwards. What’s more, a POD oz has
transitioned from 3 elements to 5 elements, making for a much
more valuable oz. POD’s 3E PGM oz was valued at circa
A$2,330, but with the 5E PGM becomes closer to circa
A$3,400 before copper and nickel credits might kick in.
Anecdotally, our thoughts are that a 5.5m to 6.6m oz resource
down to 250m depth and 5E PGM pricing might make for a
much greater target price? Of course, that then invites the
questions: 1) what might lie between the 250m level and the
500m diamond drill holes? and, 2) what lies below those 3
diamond drill holes?"

...btw: they don't discuss any potential capex issues ;-)