PGM platina resources limited

With Palladium Stocks Flying On The LSE, now is a good time to...

  1. 637 Posts.
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    With Palladium Stocks Flying On The LSE, now is a good time to re-asses the giant Resource that PGM 100% own.
    8.7m ounces Palladium @ $1750 Spot.
    +5.7m ounces Gold @ $1450 Spot
    +0.79m ounces Platinum @ $888 Spot

    This is only scratching at the surface too. I'm sure some of the guys here will attest to that.

    ---------
    Indicated and inferred resource estimate of 202Mt @
    0.88g/t Au and 1.33g/t Pd (JORC 2012, refer ASX release
    23 July 2013)
    • Implies 11.4Moz @ 1.75 g/t Au equiv
    -----------------------------------------------------

    For a ridiculously low price @ $6m mk cap, this resource is one of the most valuable and listed on any market globally. We should be many many times higher.
    Either the market will re-rate this at some point or what's the betting that someone else will likely try to buy this prize asset.
    Things could get very interesting here, very quickly.

    Discuss!
    Last edited by Decacorn: 13/11/19
 
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