I fired off an email to Dr Chris enquiring about the 13/11/17 announcement
by RM that stated PGM were reviewing a $2mil Cobalt focussed drilling program
starting in early 2018.
I asked if there would be any Cobalt focussed drilling in 2018.
His 'prompt' reply:
PGM doesn't envisage any further drilling @Owendale in '18 as resource
adequately defined for FS.
The ore that PGM will mine for the Scandium development also hosts Cobalt
& could be a significant by-product.
That's it in a nutshell.
This is how it appears to me.
Scandium first, Munni Munni second & Skaergaard third.
The Investor Presentation mentioned a Skaergaard work program to reinterpret
deposit.
Guess it's different from RM's regular site visit promise.
Tho it doesn't offer much for the die hard fans in '18.
I noticed 'VIC' announcement today about Cobalt prospecting acquisition.
Gave their share price a nudge.
Ultraman
PS- I never got a reply from my correspondence to RM.
Thumbs up to Dr Chris!!
- Forums
- ASX - By Stock
- PGM
- Ann: Company Update / Investor Presentation
PGM
platina resources limited
Add to My Watchlist
0.00%
!
2.5¢
Ann: Company Update / Investor Presentation, page-28
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

