Well I have to say I am surprised by the PLA resurgence.
I suspect there is more to this than just operational improvement.
PLA management have rarely if ever provided production updates.
Looking from the outside in, has a suitor turned up on PLA's door? Has management decided to release the positive update so as to drive up the SP in an attempt to ward off the suitor or negate a possible low ball offer?
Current open looks to be $0.12, the SP has doubled in 4 days, there has been no significant dumping of stock since the announcement.
PLA Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held