Number 1 on the Podium - Find me a cheaper Precious Metals play, page-1138

Good stuff. Need to hear this from POD.

”Comparisons are being made on the basis of equivalent Palladium, equivalent Nickel, 2Es to 6Es, plus comparisons to Southern Africa’s PGE orebodies - and a number of analysts appear to be struggling to analyse orebodies that can produce 10 minerals, along with broad assumptions involving autoclaves and hydrometallurgical recovery of oxide material – whereas the standard Southern African treatment (for >50 years) is to ignore the oxide and float the harder rock sulphides to a concentrate.

PGE orebody analysis can be simplified, its metallurgy / processing mostly simplified, production capability more easily understood, and comparisons between various PGE companies on a more level internationally understood playing field. This report focuses initially on analysis based on some assumptions applicable to most PGE orebodies, followed by more geological detail, mining and processing the possible “porridge-like magmatic orebodies”, that are very different to gold mineralisation.”