revisiting ole fave again, with gusto

Been patiently out of this for long time but reckon the stars are finally aligning for at least a local starter project. So finally time to return methinks.

Half a mill ozs Pt defined at Owendale (with Scandium for free in the mix poss by looks) might see this a 50K pa oz producer in mid term, and increasingly so if pms start moving in the right direction finally ... AUD POPt is abt 1650/oz last I looked and I can only see one way from here, up.

So what price critical mass for near surface concentrates (?)production? Should be low capex for say 10 year life (?)

Love it when I can start doing back of envelope dream doodles again, like, 1 year payback, 200 mill market cap etc ... assigning say a POPt AUD2000/oz for launch on a starter project.

Well if u believe the precious metal gurus' calls, that may be just around the corner.

So yeah, local Oz starter project for a starter ten-bagger upside, PLUS one of world's largest undeveloped PALLADIUM resources waiting dormant for a major to raise its eyebrows, with POPd now also on the verge of mega-pivotal breakout if it can confirm thru abt USD790+/oz ... with Larry suggesting x4 in due course, then x4 again.

If u half believe this kinda call, THEN MY PLEA TO THE BOARD IS DO NOTHING WITH SKAERGAARD FOR A YEAR OR SO and see if Larry (Edelson) is half right with his Palladium price call (and his gold price call).

Cos if he is, we might get a half bill free carry for half share in a rampant Palladium and Gold (lest we forget the 5 mill golden ozs as well) market coming ... oh yeah, whilst we are producing Platinum in Oz (???)

Have to get back to my first primary upwave thoughts that PGM must be the definitive leverage play on any new primary bull market coming in precious metals.

So PGM is now in my top 3 picks again and am applying for overs in current oppies entitlement (smartly structured).

Lets hope we can attract project finance for a simple primary platinum operation in Oz. We might be the only ones in Oz (?) ... that would have to be an attraction (?)

Let me get my doodle pad out again :)

Technos 5.5 7.7 9.0 18-22, then we start talking dirty again as the Hong Kong boys would be looking to get some of their 35s back.

IMBOOC