Yassou Olympian,
καλημέρα / καληνύχτα?
I monitor the Hot copper forums on a somewhat regular basis in an attempt to follow the progress of my PGMO's. I certainly take notice of any post you contribute (as well as many others), as it often offers substantial incite (save the chronic abbreviations and extensive jargon use).
Despite my basic understanding of the market in general, PGM stood out with its world class deposits of Sc and Pt and seemed poised to hit the big time in a reasonably short period of time. And with some encouraging advise from trust worthy friends i committed myself to the 'risk'.
I understand the risk Vs. reward gamble with these types of companies and i am fully prepared to kiss my investment goodbye and write it off as a steep learning curve, although i would much prefer to see this sky rocket as many of you have predicted.
This is where my lack of understanding comes in and any feedback would be much appreciated.
The minerals are 100% confirmed to be in the ground pending extraction? With the added bonus of Sc & Pt confirmed within the same deposits. Based on the reports there looks to be a substantial supply of both minerals?
I understand that PGM are yet to begin physically processing out of the gorund, meaning there is essentially no source of revenue for the company, short of releasing additional shares & encouraging option conversions. Subsequently diluting the value of the each shareholders stake. I assume this is to enable the powers that be to continue work on establishing a viable market for Sc and presumably maximizing any Pt buyer potential. As well as first class air fares, corporate dinners, company cars etc. The perks of running a company that yet to turn a profit?
In any case why cant PGM begin mining the proven and established Pt now to generate some growth and reward for the loyal investors hanging on. Rather than send out re-hashed company announcements which are basically meaningless, until signed agreements come through.
Am i missing some major logistical problems here in separating the two minerals and perhaps stockpiling Sc until a stable buyer(s) can be signed off on?
I apologize if these questions have been answered in earlier threads, it's just difficult to decipher some of the more complex conversations.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.76M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.5¢ | $47.10K | 1.816M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 674730 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 674730 | 0.025 |
4 | 1405000 | 0.024 |
3 | 3330434 | 0.023 |
3 | 365103 | 0.022 |
2 | 285808 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 75000 | 1 |
0.027 | 85000 | 1 |
0.029 | 82956 | 1 |
0.030 | 225947 | 5 |
0.031 | 510206 | 2 |
Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
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