Yes can't wait for CHN resource ann. one of these days ... with such a high-cap it must be going be HUGE >>> personal I think it won't be as big as the market will hope it will be >>
I agree POD is still early days in its exploration cycle ... we still have whole new upside at depth and trend
Rhodium a massive kicker just imagine major hits of HIGH grade Rh ... $23000oz AUD
only diamonds are more valuable>>>
Also POD has discovered some Iridium ($7600oz AUD)
is one of the rarest metals in the Earth’s crust, with annual production of just three tonnes. Iridium is nearly as dense as the densest metal osmium and is the most corrosion-resistant metal element, resistant to air, water, salts and acids.
Because of its hardness, iridium is difficult to fabricate into usable parts, but the same characteristics that make it difficult to work with also make it a valuable additive for strengthening alloys. Though it is also a catalytic metal, because of its high melting point and resistance to corrosion, iridium is the preferred material for crucibles. Like other PGMs, iridium is mined as a by-product of nickel, and like other PGMs, iridium’s biggest deposits are in South Africa and Russia. Given its rarity in the earth’s crust, it tends to form a small portion of a PGM miner’s portfolio.
From recent POD Presentation --- Now I wouldn't be surprised to see a DFS that shows POD should produce PGM at a very low AISC per oz .... and end of the day thats the really value add how good is the IRR
Add to My Watchlist
What is My Watchlist?
