RE:RE:RE:RE:wtf wtfMetalcaster wrote: I will wager that if pt goes up to $1200 and Massive starts hitting guidance that PTM will be back at $15 this time next year or sold for at least 3 billion.
OK MC, What are you willing to wager? I would take the other side of that bet.
Regarding Waterberg, maybe, if "Pd" were over $1200, some grand scale buyout might happen. As it is, the PFS is modeling a NPV of $320 M for Waterberg, and that is using $1212 (US) as the assumption for Pt price. So, even if PTM's models were off 3X, that would still be only $1 B for this mine plan ... of which PTM owns about 58%. Maseve would be worth $2B+?
The Waterberg PFS uses $710 as the Pd assumption. I anticipate a larger Pd deficit than Pt this year, and going forward ... so "maybe" there is a chance that a nice surge in Pd might move things.
On the other side of that coin, PTM's claiming that they will be one of the largest Pd miners, mining more Pd annually than Stillwater, might actually be one of the things that has put a drag on Pd prices this week.