Yes at this time the overall situation looks bad for POD. But...

Yes at this time the overall situation looks bad for POD. But what an incredible deposit to find in OZ, v-shaped, narrow & bloody long is it 23 K long ? To find a deposit like this is as rare as a hen's teeth . Maybe in South Africa, but they have reef deposits there.
Look it's difficult, seeing management do sub-market raisings, but what an incredible deposit for a mid-tier mining company to pick up & put into their portfolio . Never forget that Fortescue was 2 cents at one time, it does happen. I think an amalgamation, with someone who has some money, would be a good fit, and make the expanded company more attractive for a big player . Platinum is a strategic metal & the Rhodium is the icing on the cake. I'm going for it to be taken over, it's too valuable to walk away from. I'll hold & risk a total write-off. If you only got $500 you might put it into this for a very high-risk punt.