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JohnCM

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JohnCM

Re: germanium123 post# 9002

Saturday, 01/10/2015 10:39:04 PM

Saturday, January 10, 2015 10:39:04 PM

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PAL will produce about 177,000 thousand ounces of palladium for year 2014 according to the last PR. The ramp up at their mine is about 21,000 thousand ounces a month now that should translate to about 252,000 thousand ounces for year 2015 if maintained this year that would be a 75,000 thousand ounces increase over year 2014. If they can cut their overhead and along with much lower fuel prices I believe they will show a profit for 2015 of about up to 10 million dollars because the price of palladium should rise because of a shortage ahead of this metal IMO

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