PLA platinum australia limited

article from uk bulletin board , page-2

  1. 11,779 Posts.
    lightbulb Created with Sketch. 606
    Thanks eurovince, that's great news. They have also said they are ramping up production and expect to be in full production at Smokey Hills in March. That's 95,000 ounces of 4E PGMs per year.

    Now all we need is for platinum to keep rising. I estimate every 1% rise in platinum adds at least 2.0% to PLA's bottom line. Another 10% on platinum should put PLA's margin at US$450

    US$450 x 95,000 = US$42,750,000 pa (more than half the market cap)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.