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clock Created with Sketch. 18/02/19
20:32
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Originally posted by Pary
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Palladium price is consolidating before making another move up, but the most expensive metal in the world Rhodium has been climbing up non-stop for at least a month. That prompted me to look up at potential developers who have this metal in their tenements. To my surprise I found PGM on short Aus companies list. Then I realized that Muni-Muni might be the one since Skaergaard didn't mentioned Rhodium. I found an old announcement by PGM JV partner in M-M Artemis. It said that JORC 2004 compliant Resource of:1 24 Mt @ 2.9 g/t Platinum Group Element (PGE) + gold (1.4Mt Inferred, 9.8Mt indicated and 12.4Mt Measured) (0.83Moz platinum. 1.14Moz palladium, 152Koz gold and 76Koz rhodium). Off course the main value here is again in Palladium but Rhodium with current price U$2,175 per ounce almost equals that.
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Consolidating ? All time high you mean ...Palladium $US 1,440.84 / +8.84 / +0.62%
Last edited by
soarer :
18/02/19
