Platinum Group Metals: An Undervalued Near-Term Producer With Huge Resources
- First production of platinum, palladium, rhodium and gold should start next year.
- The company holds resources of 11 million ounces of platinum and 13 million ounces of palladium.
- The value of metals (measured, indicated, inferred) attributable to one share is more than $60, the current share price is only $1.02.
- WBJV Project 1 alone is worth approximately $1.8 per share, Waterberg should add another $2.85 when in full production.