Incredible upside potential with the largest PGE land holding in...

  1. 732 Posts.
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    Incredible upside potential with the largest PGE land holding in the area ... some of those names have $500m market caps from their resources.

    https://hotcopper.com.au/data/attachments/4327/4327692-797ed0ef18b718f42ed60ac96ae9821a.jpg


    Green is green, PGE demand supply is going to be more imbalanced in the long run which will help rerate even further the underlying value of our projects.
    https://hotcopper.com.au/data/attachments/4327/4327697-bbcc043477ffea9565a06ca6609012fc.jpg


    But most importantly, PKO is probably one of the most undervalued PGE plays on the ASX at ~$5m market cap. Very much reminded me of when I looked at ASX POD back in 2020 and now it's at ~$120m market cap, I'm glad management show-cased this. https://hotcopper.com.au/data/attachments/4327/4327681-ec391895910969a6560c7fc36f9fb02b.jpg


    Small wonder the Board own 32% of PKO. They obviously see massive value and the chairman has been happily putting his money where his mouth is and buying up strongly on market and through placements at a price a lot higher than where we are at now.
    https://hotcopper.com.au/data/attachments/4327/4327714-aa55a36507415e1229acd8daf1a3471e.jpg

    Exploration activities well underway as we speak now that it's early May. 2022 will be company defining. Wouldn't be surprised if we see a $20m market cap in the near term, or 4x where we are now.
    Last edited by vfpa5000000: 09/05/22
 
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