PLA 0.00% 6.7¢ platinum australia limited

re:merger, page-9

  1. 16 Posts.
    Yes jubilee are at all time lows.
    In my previous posts I explained why but incase anyone missed it, IMO here's why.

    1. Mining stocks taken a battering
    2.AIM stocks have taken a battering
    3. Merger process taken a long time
    4. Uncertainty that PLA holders will vote yes
    5. Uncertainty that jubilee will receive the GRE money, so the merger can proceed.
    6. BOD need to prove themselves to the market
    7. Price of platinum still needs to recover
    8. Conroast needs to be proven in large commercial capacity
    9. Market needs to know that the assets which crippled PLA can be utilised by Jubilees BOD to make a profit.

    On that list IMO all of these points addressed will come good.
    The AIM market hates any uncertainty and yes, PLA holders can help by voting yes in 2 weeks. I reckon that should increase SP by approx 20% from here, with lots more to come when the GRE money arrives.
    Nothing to worry about here IMO. Just be patient.

    Best wishes

    Eyeguy
 
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