RE: stillwater buys peregrine for 6 cents/lbBoth companies main projects seem to be similar. If you take only the copper in the measured & indicated category, then they have about the same resources. PGM has about 20% more copper if you included the Inferred resources. Then there is gold & silver credits to include. But in all they are quite similar.
PGM does not seem to be anywhere close to a Full Feasibility report whereas Candente is about 6-9 months away. Stillwater must be quite confident of the cost of building a mine and the cost per lb etc. I assume it will be more or less $1-1.5B capex.
The Altar project still seems to be open in one direction. As for Canariaco there is a whole other resource a few kilometers away with CS. We also have more copper deeper down to include. So in the end I do believe Candente would have a larger resource as part of a deal.
P-Air