North American Palladium Ltd (New) PALDF

Metals & Mining Industrial Metals & Minerals

North American Palladium Ltd is a precious metal mining company. The company operates the Lac des Iles palladium mine located in Ontario, Canada, which is one of only two primary producers of palladium in the world. The group believes there is exploration upside near this location, and the limited number of primary palladium production areas also offers investors exposure to palladium prices. The company generates the majority of its revenue from metal sales, including gold, nickel, copper, pall

OTCPK:PALDF - Post by User

North American Palladium Ltd (New)

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Post by sunshine7on Mar 04, 2019 1:40pm

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Post# 29439422

So why should SP be this high to begin with?

GROWTH: Q4 2018 palladium production reached 65,904 payable ounces, as compared to 58,000 ounces in Q4 2017. Additional drilling underway to increase reserves.

LOWER COST: Total production costs for the year ended 2018, ... $45 per tonne milled) compared to ... $57 per tonne milled IN 2017... may rise a bit as they process lower grades in 2019 which is normal during high price environment.

AISC¹ per payable palladium ounce for the fourth quarter in 2018 decreased to US$670, compared to US$734 for the same period in 2017.

INCREASED PRICE/OZ: 2018: avg price paladium for most of 2018 was $1,000/oz. 4Q18 it was $1,100-$1,200/oz. It is currently $1,500/oz.

INCREASED PROFITS: At current pricing or lower, margin is $50M and 4Q income of $1.33/share is sustainable. THATS $5.32/SHARE!

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