Post by
goldanalyst on Dec 10, 2020 12:11pm
Finally~
Been sitting on this number since $2.21 and now finally we are now getting our due!!
The present MC is about $400M!!! Still so damn cheap!!
•19.5 Million ounces of PGMS in RESERVES
• Rare Palladium dominant deposit with 45+ year Mine Life.
• Will be ONE OF THE LOWEST COST LARGE PGM MINES GLOBALLY
• SHORT DEVELOPMENT TIME FOR PRODUCTION BY 2024
• Annual steady state production rate of 420,000 ounces 4E.
• On site life-of-mine average cash cost US $640 per 4E ounce
• Post-tax NPV8 of US $982 million at DFS spot prices. (September 4, 2019)
What took everyone so long to find this gem??
GLTA
Comment by
buyplatinum on Dec 12, 2020 7:06pm
Been here since late 2014. Been thru Maseeve flop, 2 reverse 1 for 10 splits. So I hope it runs awhile. Huge resource, I agree it's still cheap. Would be nice to see $ 10-12 us. What's your thoughts?