RE: The Reality25 May 2025 16:05
Assume a market price of PGM metals is $1,200 per ounce (conservative industry average).
184,000,000 oz × $1,200/oz = $220,800,000,000 (gross revenue)
Extraction Costs based on the aluvial/open pit easy extraction cost (such as Bezant Resources' Choco Project) $800 per ounce
184,000,000 oz × $800/oz = $147,200,000,000
Estimated Profit
$220.8 billion – $147.2 billion = $73.6 billion
So, the potential value (gross profit) of 184 million ounces of PGM at $800 extraction cost and $1,200 market price per ounce is approximately $73.6 billion
$73.6b x 0.05 (5% lowest realistically) = $3.68b
$3.68b x 0.3p = $1.10 per share CONSERVATIVE
Anyone feel free to point out any mistakes.