Hunter2: explained how the synthesis is conducted. I for one really question the feasibility for you. You got pound of palladium chloride for $12 in the '90's? That doesn't seem logical, I don't think palladium was ever that inexpensive.
In fact, I don't have to guess, I can Google that right now:
http://www.palladiumcoins.com/priceJM.htmlIn the early 90's, palladium was much less expensive than it is now -- $150 USD per ounce. That would be Troy Oz, given that palladium is a platinum metal, and one troy ounce is a little more than 31 grams. The chemical compound, PdCl2, is 90% palladium by molecular weight, so yes, you could definitely have bought it back then at 4-5 £. I was surprised by this calculation, but it seems to have worked out all right. However, nowadays, its approx. 770 USD an oz. So I don't suspect you'll be able to offer a real discount.
I knew a company that made yttrium chloride. They'd diligently buy a gram, make yttrium chloride. The customer said it was a perfect formulation, and wanted more. So they made 10 grams -- still perfect, and make some more. They made the 500 grams they needed for production. Then the customer comes back with:"Useless, not good enough, we wont pay for it" And the manufacturer
knew this would happen, people balk at the high price tag, and fabricate complaints so they don't have to pay. I
would wouldn't be buying platinum metals and try to sell compounds as a side business. There's just too many risks, not even including what
curiouscat: mentioned.
*EDIT* corrected typo -- I wouldn't be buying platinum metals