Dmac...will be hanging around but with PGM it is mostly a waiting game. And it is a fairly simple bet, compared to some other companies. There are unknown variables but they are easy to understand.
Deposit quality, easy infrastructure, low debt, good register, great jurisdiction, acceptable metallurgy,
possible transaction target, , exploration upside, low capex for development, good on-the-ground progress...all there,
at a dirt cheap market cap.
Management, timing, and marketing are open questions.
The new management deserves a chance, we'll see how it goes.
The time frame is one I can live with. Sooner is better, of course; but again, one needs to give management a chance, and the current status of the pilot and the BFS are reasonable.
The macro trends will take care of the marketing eventually. People are looking, or will be looking, for what PGM has got.
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