RE: PGM Reserves?6 Feb 2021 10:19
Morning Mike..
With respect to TheMarquis who posted this
A Friday Ramp (or perhaps not) but a gentle reminder of what we do have/potentially have …………
Up to 40m Oz of Pd potential, but to be conservative;
Pd - 30,000,000 Ounces @$2300 = $69,000,000,000
Pt - 10,000,000 Ounces @ $900 = $9,000,000,000
Cu – 560,000 Tonnes @$6,500 = $3,640,000,000
Ni – 600,000 Tonnes @ $14,300 = $8,580,000,000
Au – 40,000 Kgs @$60,000 = $2,400,000,000
Main Metals Total = $92,620,000,000
Metals not counted; Cobalt, Rutherium, Iridium, Rhodium, REE's
Someone posted this week (sorry I can't remember who) that the Rhodium value could be around £5B so add that on as well - Happy days!
GLA TM