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hardtogetnewalias

01/08/15 9:09 AM

#9028 RE: germanium123 #9002

don't they release the prod numbers and forecast around this time of quarter?

JohnCM

01/10/15 10:39 PM

#9049 RE: germanium123 #9002

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