PdPd just chugs higher, doesn't seem concerned about a pandemic.
Stockhouse is showing it up 85 to 2872.
Kitco shows it up 83 to 2754.
Anyone know why the descrepancy? Could be just that Kitco has a lag.
The 219,000 oz. of forecast annual Pd production brings in a whopping $657 M USD (860 M CAD!) to the topline at 3,000/oz. Meanwhile Rd also keeps ticking up and the 14,000 oz. of forecast annual production at 11,200/oz. brings in 157 M USD (205 CAD) to the topline. Cashflow of $1 B USD after the $351 cash cost is in sight at production of 477,000 oz. 3PGM+Au. Great numbers but important to note only %64 of those revenues go to IVN and then there are taxes.
Pt, Cu and Ni are laggard but plenty of time until production for those to move up. It is reasonable to forecast that Platreef could contribute $500 million CAD cash to the bottomline when it is producing. That is a SP of over $6 just for Platreef. 3X that is conservative for 12Mtpa production.