bottom draw, page-14

"It seems PLA are quite good at drilling holes. However when it comes to building & operating a plant they don't seem to know what they are doing. It seems to be one stuff-up after another."

It's been a horrible start to production, however Platinum mining is probably the toughest gig in the mining game.
1. Power supply shortages
2. Power supply costs increasing at circa 25% per annum.
3. A strengthening Rand.
4. Combined with bad inflation.
5. Continual Striking.
6. Nationalisation threats in Zimbabwe, even talk in SA.

Overall I think PLA has been less affected than most SA operations as a result of strikes since commissioning. Anyway I'm gonna wait until the next qtrly until evaluating.