Palladium26 Feb 2019 02:50
Last Wednesday the value of our in situ Palladium was circa $1.35 billion, today it is circa $1.4 billion, a $50 million increase in value in less than one week, just for Palladium and our mcap is £20 million.
The value of nickle alone, today stands at $15 billion.
These numbers based on JORC Mineral Resource Estimates March 2018. From these not up to date numbers the EQ NI stands at 1,582,000 tonnes, that's $20.5 billion, that's based on today's $5.9 lb, @ $7.5 lb we're looking at $26.1 billion, what's the PFS going to look like ?
I'll say it again for the hard of thinking, OUR MCAP IS £20 MILLION,,,, something not quite right here.
Despite the difficulties we may face, our mcap stinks.
Gold, $1,330 oz
Palladium, $1,518 oz