re: can hit $1.50 (or more)
Who knows - but the valuation of the company will be not 20 cents one day and then $1.50 on the day production starts. As production nears over the next 6-12month at Smokey Hills and then in 2007 at Kalplats, one would suspect the share price to increase with progress and confidence.
At 20 cents, I would expect an investor is getting in at a pretty low price verses potential upside as seen today...
No garantees, but I've seen a lot less potential for a lot more elsewhere!
PLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
