Yes it's a longer-term BUY n hold ...unlikely to spike much higher till we see some life in the PGM markets ... sounds like large stockpiles of PGM ores in SA ... along with well-stock Buyers of PGM .. fears of CHINA slow down ... EV t/o ..has made the sector very unloved ....
But we all know its only a matter of time till that changes .... No one is going be exploring much for PGMs ... CHN SP recent anns show just how expensive and long it will be to bring on more major production of mostly Nickel Palladium ..
ROD reckons mid to later next year PGM market will be much more bullish .. stockpiles will be gone ... PGM Euro Buyers will be hunting for safer supplies than Russian-- SA
POD might well be right time right place 24/25 and we could once again see the rise towards $1 later this decade with production etc
Yes it's a longer-term BUY n hold ...unlikely to spike much...
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 16931 | 1 |
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| Last trade - 16.12pm 11/10/2024 (20 minute delay) ? |
| POD (ASX) Chart |
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