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.
- Forums
- ASX - By Stock
- Number 1 on the Podium - Find me a cheaper Precious Metals play
It's been a crazy month. I have averaged up from 10c to 38c. I...
- There are more pages in this discussion • 859 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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($) | Vol. | No. |
---|---|---|
4.9¢ | 98000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 210436 | 0.048 |
1 | 10244 | 0.047 |
3 | 151426 | 0.046 |
1 | 65000 | 0.045 |
1 | 100000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 142819 | 2 |
0.052 | 166345 | 6 |
0.053 | 70000 | 1 |
0.054 | 90909 | 2 |
0.055 | 54799 | 2 |
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 ? |
Featured News
POD (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online