Did you not hear Du Toits recent audio interview where he says a detailed version of the PEA will be available by the end of March ?
Du Toit interviewed on The Wall Street Analyzer (audio)
They need a second PEA later on in the year after more drillings. It was clearly said in the CC that many at depth drillings didnt get done as was hoped
Im in PAL for the fairly long term, say 1 to 5 years. Wanted to make a decent profit, say 100% then cash in. I think on balance PAL will probably make it helped by higher Pd prices.
Hi mate. I was mainly in SWC but some PAL. I revived interest in PAL a few days ago after Q4 results and it looked like it wont go bust anytime soon after all. The day before the PEA it went up 20% enticed me to ditch SWC and switch entirely to PAL. I didnt realise there was a PEA report the next day. With hindsight i regret it. PAL may outperform SWC but it sure is a scary ride.
If you listen to the CC, what Bell misses is that a lot more drill holes will be done this year. The PEA drilling at depth was not complete. The measured capacity is sure to be increased and the metrics such as mine life improved as more data is made available.