RE:RE:RE:Through a Newbies EyesNice post. Patience is required. I personally believe greatest value for us will be to go to production. And GENM has the team to do it. Once production is on the horizon, I think that the market will have to take notice. Right now for some reason, not many people care about Palladium. Weird huh? Pd/Pt just don't stir the emotions like Au/Ag. Imagine if this was a Ag deposit with NPV 2 bill at current Au/Ag prices. Take Silvercrest for example, they have a nice deposit, but their NPV is a fraction of Marathon but the MC is well over $1 billion. Go figure.
I know a lot of analysts say there is a greater 'discount' with base metal deposits, but look at Uranium at the moment. The same (or greater) discount should be applied to Uranium. Look at the way those companies are trading right now. Deep yellow released a PFS with NPV around $200 mill USD, and MC is currently $200 mill AUD. It all comes down to sentiment and narrative. UNTIL the market can see the reality of production (cashflow). What will it take? Maybe Pd goes absolutely nuts with Norilsk mine closures, maybe it takes until next year when we get permits, I don't know. But if the price pulls back to 80c range, I'm a buyer.