PGM 12.0% 2.8¢ platina resources limited

pgm going dooown, page-19

  1. 4,058 Posts.
    well i grabbed 22175 at 0.89.... i will pick up more if they keep falling.
    they have 6 million ounces of gold at 1.8g/t with port/road access..
    total resource is 50million ounces of precious metals... worth $30billion - the mother of all IGV calculations based off 30 mill market cap.
    scoping study has been delayed to mid january which probably explains the short term weakness... i think its a rare opportunity.
    the people selling now are just frustrated and hurt and cant stand the pain anymore... which usually results in the bottom. thats why he offered 89 and the market was mostly offered at 98. i like how the buy side has thinned out too which is usually what happens near the bottom.
    based off a billion dollar capex and the operating costs and margins suggested by galahad it can be a $46 stock just based off the combined zone....
 
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Last
2.8¢
Change
0.003(12.0%)
Mkt cap ! $17.44M
Open High Low Value Volume
2.5¢ 2.8¢ 2.5¢ $9.176K 346.6K

Buyers (Bids)

No. Vol. Price($)
1 382913 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 657880 5
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PGM (ASX) Chart
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