PLA
Click for more information
0.00% 6.7¢ platinum australia limited

Hi James,Its just a pot hole in the mine hindering the ore...

  1. kacy
    11,670 Posts.
    lightbulb Created with Sketch. 546
    clock Created with Sketch.
    27/05/10
    11:29
    Post #: 6741227
    Hi James,

    Its just a pot hole in the mine hindering the ore extraction. Everything else they mention is trivial. These guys have done a fantastic job at getting Smokey Hill into production and certainly can fix the pothole and be operating to capacity. With the Platinum price higher than what they forecast they will be carving very soon. I would not be surprised if the stock is being deliberately ramped down so that someone can load up cheap. Hold for 6 month and make 50-100% when production ramps up.

    cheers
    kacy
    PLA Price at posting: 72.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

ENR Encounter sniffs 4% niobium across 1.6km of strike in WA
right-arrow Created with Sketch.
NEWS AI stocks: What to expect in 2024-25
right-arrow Created with Sketch.
WGX Australian foreign investment regulators greenlight Westgold's buyout of Karora
right-arrow Created with Sketch.
NEWS Almonty locks in govt agreement for tungsten oxide plant in South Korea
right-arrow Created with Sketch.
NEWS Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within
right-arrow Created with Sketch.
RIO Rio registers 2% drop in iron ore production in 2nd quarter of 2024
right-arrow Created with Sketch.
watchlist Created with Sketch. Add PLA (ASX) to my watchlist

Currently unlisted public company.

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