7 million ounces of PM eq's and sitting @ 2.5 cents ?
Could it be the PFS has flaws ?
What i do know is... Former - junior MET tests recoveries were far higher
concentrates far richer
Imagine being paid over 6 million shares only to.. release a pfs with well under $200 million profit and capex
$1.7 - $2.3 billion ?
And.... prior to pfs, ceo mentions -
rhodium ?
lol
JUST HOW IMPORTANT IS PLATINUM ? - facilitates the production of making hydrogen all the quicker / less costly
- platinum is the best product out there - todate.
- were in a significant hydrogen economy - right now
- junior would be extremely wise to model a small mine
and pour their own platinum into cathodes for - PEM hydrogen production
- imagine writing a PFS whereas the junior has premium metals ( platinum's )
that facilitate the quickest means to
produce hydrogen and the best they come up with
for power is, diesel, LNG ? lol
If.... the PFS was revised, % metal values recognized,
this stock is worth some bucks...
Every 1% increase with better recovery
= $111 million Easy fix ? Just pull forward SGS's MET tests.
wink.
Platinum unlocks the hydrogen economy
Platinum is the catalyst that is used in PEM fuel cells as it provides the durability, stability and reactivity necessary to strip the hydrogen of electrons to produce electricity, leaving the hydrogen protons to pass through the PEM. The PEM membrane is coated on both sides with a platinum catalyst. A PEM electrolyser produces carbon-free green hydrogen from renewable energy. If a FCEV is powered with green hydrogen it provides completely emissions-free transportation.
Technology could deliver meaningful CO2 reduction
Platinum-based PEM technologies that enable the use of green hydrogen in decarbonisation could deliver up to 11% of global CO2 reduction targets.
Crucial to PEM electrolysers
In an electrolyser electricity is used to break water into hydrogen and oxygen in a process called electrolysis. If the electricity comes from renewable sources the hydrogen produced is green hydrogen.
Link - https://www.miningreview.com/energy/why-is-hydrogen-a-new-demand-driver-for-platinum/
Should a prez express these words.... drill more, better MET tests, hope for hydrogen tax incentives ?
Hire a ceo with concentrate minset = You'll get lowest value concentrate
or
Revise the current PFS, put some thought into...
platinum PEM tech -
hydrogen production nickel cathodes for
hydrogen production copper salt hydroxide -
hydrogen fuels Include Rhodium + 4 other exotics
Separate Iron as it's own con
Tack on Mgo as a payable credit
Match a PEM tech company to the Wellgreen platinum
Pull away from catering to majors with cheap payable cons