Just spoke with the chairman-Rod Baxter .. think if holders can have a longer term 2yr+ outlook we'll be very well rewarded for our time ..
Sounds like he's had his fill of abuse over the phone and was happy I was much more pragmatic caller ..as we read on many threads on HC many retailers that think you can just flick your fingers and build a successive mine like a house etc ...
Rod baxter made much sense wanting to take POD on a slightly different path to see mining of the higher grade hanging wall as 1st stage with DFS 50-60koz PGM5 production much sooner rather than trying to prove up a monster PGM resource and much larger 200koz pa production profile in a longer term plan..
PFS study getting done working on smaller production profile targeting 50-60koz pa before needing to come to market for more Cap
POD Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
