PLA 0.00% 6.7¢ platinum australia limited

the pla paradox, page-24

  1. 55 Posts.
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    PLA has been a frusturating stock with each quarter of promises filled by a quarter of setbacks and disappointing results.

    I am hoping with the new appointed contractors that PLA achieves a very strong quarter of production.

    I note in the Sep Qtr results that PLA have burned half of the available cash holdings, does that mean we are expecting a further capital raising, a cash floe positive quarter or are they going to start drawing down on the bank finance available?

    I am hoping the finance line is left undrawn.

    The good news remains for the stock with precious metal prices increasing and forecast is for solid demand.

    IMO the lower prices are a buying opportunity.
 
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Currently unlisted public company.

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