POD 5.88% 4.8¢ podium minerals limited

It's been a crazy month. I have averaged up from 10c to 38c. I...

  1. 89 Posts.
    lightbulb Created with Sketch. 35
    It's been a crazy month. I have averaged up from 10c to 38c. I think I am done for the time being. Kinda wish it didn't happen so soon, as I had a bunch of shares which I bought in early/mid May and was waiting for the 12 month period to arrive. It also makes me nervous when anything pumps so hard/fast.

    You'd expect a "normal" stock to pull back a long way from here, but that might not happen with this one. Doing some extremely simplistic calculations for potential in-ground value, and comparing with the Macquarie estimates in the "Chalice juggernaut rolls on" article (resources rising stars website) ... it makes for a compelling buy, even for a conservative/moderate case.

    To really be a behemoth (i.e. MC in the billions), POD would need the Rh/Ir to be there over the whole strike length (and the prices to stay high) and also get maximum value from the Ni-Cu, along with hitting their upper resource upgrade target. This might not be realistic, but I wouldn't say it is completely impossible. And I won't even put any value on the really deep July holes as I am considering them long shots for now.

 
watchlist Created with Sketch. Add POD (ASX) to my watchlist
(20min delay)
Last
4.8¢
Change
-0.003(5.88%)
Mkt cap ! $21.82M
Open High Low Value Volume
5.0¢ 5.0¢ 4.8¢ $8.964K 183.6K

Buyers (Bids)

No. Vol. Price($)
2 210436 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 98000 1
View Market Depth
Last trade - 16.10pm 08/05/2024 (20 minute delay) ?
Last
4.9¢
  Change
-0.003 ( 2.00 %)
Open High Low Volume
5.0¢ 5.0¢ 4.8¢ 58013
Last updated 14.58pm 08/05/2024 ?
POD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.