rhodium stocks, page-14

Hi guys,

As the previous post mentioned PLA has an interest in Rhodium and a very nice one indeed.

They have the Smokey hills mine in South Africa that will be in production by the end of this year.

They will produce 95000 oz of platinum,Palladium , Rodium and Gold,

As you probably have noticed all of the above metals are currently rising in price.ù

The Rodium counts for about 10% of the production the rest is about 44 % for Platinum and 44 % for Palladium.
A few percent for Gold.

All been financed and the mine ready to produce before the year is out.

Next to Smokey hills they also have Kaplats which is going to be a huge PGM project producing mainly platinum and Palladium but probably also some Rhodium.

The panton project here in Australia that could be in production in the next 12 months and that also has Rhodium and other PGM metals.

The great thing about PLA is that it has a number of projects and is close to production.
Prices from analysts have been calculated and far lower prices then todays and hence we have tremendous upside if todays prices are holding or as it looks atm , rising.

And PLA is listed on the ASX and has been called another AQP (aquarius platinum) in the making.

Aquarius Platinum has now a share price of around the $40 whereas PLA is now around the $1.38

The good thing about PLA is that it has not run yet, but imho it will not be long before its going to take off.

Good luck

jojo