I should have added that the decimal places were not...

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asculpeous

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14/01/19

16:56

Post #: 37110057
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Originally posted by asculpeous ↑

If BBX's ore were only palladium at the current assay grades it would probably be in the top percentile of global orebodies for palladium.
Here's a historic list of producers with the 10 th being Xstrata at 43,000 oz- bit to find reliable info.
https://www.thebalance.com/the-10-biggest-palladium-producers-2339734

However from thenNth Amer Pall website
"
As a rare precious metal, there are very few palladium producing regions worldwide and few known economically viable ore bodies.
Forecasts indicate that Russia (38% share) and South Africa (40% share) will account for three-quarters of global palladium mine production, with important contributions coming from North American (14%) and Zimbabwe (6%) (source Johnson Matthey, 2016).
Growth in mine supply is constrained, largely owing to:

Political, infrastructure and cost issues in South Africa;

Relatively constant palladium production in Russia; and

The very small number of new projects on the horizon in the near future."

....well,someone may have to rewrite this.
and from their last quarterly report
"

Underground production was 565,277 tonnes (6,144 tonnes per day) at an average grade of 3.2 g/t this quarter compared to 500,560 tonnes (5,441 tonnes per day) at an average palladium grade of 3.8 g/t in the third quarter 2017.

The Company produced 56,852 ounces of payable palladium at an All-Inclusive Sustaining Cost¹ ("AISC") of US$733 per ounce compared to 53,118 ounces of palladium at an AISC of US$688 in the third quarter of 2017."

Just grist to the mill and hopefully inspire some further rational discussion.

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I should have added that the decimal places were not manipulated.BBX's grade are roughly 10 X those of North American Palladium and highly diluted by all that gold, silver,ruthenium etc.
BBX Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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I should have added that the decimal places were not...

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