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1.9¢ platina resources limited

Ann: Annual Report, page-6

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Bennybop

4,142 Posts.

158

10/10/18

11:46

Post #: 36065511
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Originally posted by Koala1959 ↑

The company seems to be ignoring Skaergaad:

" No material exploration activity took place at Skaergaard during the 2018 period nor since the announcement in 2013"

Skaergaad seems to have immense potential but PGM is sitting on its hands with the project. If the directors don't want to apply capital to the project / allocate management time why would they not bring on a partner to develop it and generate some tangible value/return for what on the surface looks like a phenonemal resource. If they resource is a huge as suggested it also seems strange to me that Greenland is not applying pressure to PGM to move ahead or do something with the project given the positive impact a project of that potential would have on their economy

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Probably a good thing to focus on the Owendale, low capex and be first into the emerging market, PGM metals are not at good prices atm as well.
either way nothing to sniff about having 5Moz gold and 9Moz pGMs sitting on the back burner until the price is right IMO

PGM Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $12.46M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.8¢	$8K	413.7K

Buyers (Bids)

No.	Vol.	Price($)
1	2495001	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	228000	1

View Market Depth

No.	Vol.	Price($)
1	80000	0.063
1	8000	0.062
2	294539	0.061
5	76800	0.060
1	16966	0.059

Price($)	Vol.	No.
0.067	138919	1
0.068	72255	3
0.069	89000	1
0.070	25062	2
0.071	24500	1

Last trade - 15.59pm 29/11/2024 (20 minute delay)

PGM (ASX) Chart