This is now the end of the Redpath fiasco. Good riddance.
PLA management should have got rid of Redpath and its staff after the first strike in March but at least we are now rid of them.
A change of contractor would not have delivered much gain if it is the same unmotivated, disgruntled staff that are doing the work. With this development we start clean and at a lower cost base.
PLA must now work on having a strong relationship with JIC and ensuring that the new staff are sufficiently motivated to meet the targets.
The appointment of JIC and now the chrome tailings arrangeemnt is proof to me that the management are getting smarter.
Hoping that 2011 will be a better year for PLA. Current prices do offer a good buying opportunity for the risk takers.
BR
Max
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $221.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 67824 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 27070 | 2 |
View Market Depth
| Last trade - 11.00am 12/09/2025 (20 minute delay) ? |
| PLA (ASX) Chart |
Day chart unavailable