PLA 0.00% 6.7¢ platinum australia limited

You must be jbl shareholder to wish for 3-1 ratio. That is like...

  1. 438 Posts.
    You must be jbl shareholder to wish for 3-1 ratio. That is like get the whole cake for free. At that ratio pla shareholder would be wise to keep the mine shut until platinum reach 2000/ouch and either bring in joint venture partner or auction asset at market rate. Ask a question what asset jbl has at the moment justify such bagaining power a part from speculative share price? Whereas for pla at cuurrent platinum price if they can have one quater with production hit name plate they will start making money and that will trigger a share price revaluate. I can bet on pla production hit name plate than Jbl ever make any money.
 
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Currently unlisted public company.

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