Palladium./ PGM Has 30 Milliom Ozs, page-54

I picked up a few more this morning - personally I see more value in PGM than the market does at the moment though it does worry me I may be missing something.

Clearly the market is attributing no value to the Palladium opportunities - in this respect at the moment I see more short term value in Munni Munni though clearly Greenland is there in the background - but I seriously doubt PGM has the "firepower" in terms of management resources and cashflow to do much with Greenland at the moment. .

I'm not sure about the value of a comparison to CLQ at this stage (as I have seen in this thread and for that matter in the AUZ thread) - perhaps the closer comparison is PGM to AUZ albeit AUZ has a lot more shares on issue and they do have a demonstration processing plant coming online in the near future. Certainly if you read the AUZ threads AUZ shareholders are also frustrated by their current share price despite the recent rise in AUZ's price.