PLA 0.00% 6.7¢ platinum australia limited

long 4 month, page-5

  1. 745 Posts.
    well put simon, but I and I am sure you understand holders frustration. We have all been through it and when we see our cold hard earned go down the tube it is hard to swallow.

    but the plain simple truth these things take a long time to sort out and if they come back to trade again it will be at a fraction of the last price (1/50th or something like that)

    I remember reading their last quarterly while still trading and they would have had to increase production by 50% to break even.... but the speil was 'forward looking'

    my only advice is to learn to read the cashflow reports how much they actually make and how much they have to spend to make it.

    Another is RSA is a very unstable place for mining atm and I recall PLA had a few security issues in the past, so may be a factor during this process - i don't know - just a thought
 
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