GREY:LRTNF - Post by User
Post by
Lafajeton Sep 09, 2021 5:43am
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Post# 33829909
Why invest in PGM
Why invest in PGMPersonally, i am looking at PGM as an highly Advanced Exploration play, with strong indications in previous results and upcomming potential. In an traditional pure play exploration bet, the risk is quite higher in my opinion; finans, results, future interest in the potential reservoar etc. The main differences is that PGM already is in Production, which will function as a certain level of reduced risk in that matter, where new finds can be more or less included in excisting infrastructure. How strong this "Production support" will be in this exploration case remains to see, but it should be no suprise that projects like this, in an early stage, specially when the company are "all in" at this speed, needs time, money, expected hickups, just like any other "advanced exploration company". In fact, i am comfortable playing this game than most of my pure play bet. Again, just my humble opinion.