the pla paradox, page-24

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.