Well some hope might come in the form of activity from other mining companies. It was an interesting announcement from FMG today. Through their Fortescue Future Industry subsidiary they made a JV investment into a German green hydrogen company. In their statement FFI noted their commitment to advancing green energy especially green hydrogen. As we all know green hydrogen requires PGMs. So where does FMG get these from. Maybe through a JV or takeover. CHN is probably too big, GAL has strong major shareholders so one option could be little old POD. With such a depressed share price and poor sentiment I am sure FMG could snap up the resource on the cheap and provide the money to build a processing plant. All pure speculation and I'm probably talking my own book here in a major way but it could make sense from a strategic point of view.
POD Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
