Post by
andre171 on Nov 30, 2023 8:20am
Capit./Resources inf. ?
How can the current capitalization of 8,692M CAD be evaluated in relation to the current resources of Pedra Branca (NI 43-101 of 2022 of 2,198 Moz 2PGE+)? It being understood that these are only inferred resources and that we are far from proven and probable reserves!
Comment by
17Digger on Dec 01, 2023 12:23pm
8.6 million $ capitalization / 2198000 inferred ounces of 2 PGE+ would be a quarter ounce of 2PGE+ per share.. If that can be mined profitably it will be a huge value per share. Plus, they continue to find more in each drill program. I hope the good news continues. xx
Comment by
andre171 on Dec 02, 2023 3:23am
Thank you for your response. Since you seem to follow VO, may I ask you this question: Are the 2,198M. 2PGE+ ounces from the March 2022 NI 43-101 before or after applying the recovery rates (Weathered rock: 68% for Pd, 67% for Pt and 40% for Au; Fresh rock: 71% for Pd, 82.9% for Pt and 85.2% for Au. ) ?