PLA platinum australia limited
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  1. mmmmgus
    1,341 Posts.
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    25/06/12
    10:43
    Post #: 10346916
    Patersons has (had) a target of 28cents (as at May 2012).

    There was a link to the report in a HC post around the start of this month.

    The resources and projects are still worth something. And there is (was) a large cash balance in the bank.

    Very much a long term play now.

    Management have to reduce the ongoing overheads significantly - starting with their salaries.

    Gus
    PLA Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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