Replies to post #10822 on North American Palladium Ltd. (fka PALDF)

[geophyte]

Cha-ching: How do you know production is up? Even if it is, in Q3 their AISC was over US$1300/oz with an average Pd sale price of about US$620/oz. The average price in Q4 looks to be about US$600 with the current price at US$560 or so. Just using facts from financial statements (NOT the glowing press releases!) I estimate that at 6000 tpd of about 5 g/t material from UG, that they require about $4 million per month from BAM to make up the shortfall in cash flow for Q4.

[C C]

Palladium price as predicted.....DOWN

October.....about $ 700.00
in Dec. 15th.....about $ 550.00
Jan. 7th ....... about $ 490.00

will make it difficult for concessions to stay afloat at these prices

before this new owner they needed well over $ 800.00 to turn a profit
even with all the new cost cutting efforts and reduction of overhead in debt....questionable

how low in the $ 400's will it go ?????
next Q report will be very interesting

cc