Hotfire,March quarterly is a crucial point for PLA. If JIC are...

Hotfire,

March quarterly is a crucial point for PLA.

If JIC are performing well then we should have a good production number for March and I am looking for an indication on what April has achieved. If things are moving in the right direction and it seems likely that 6,000oz per month will be achieved in June quarter current sp is a real bargain.

Fully accept that we cannot expect much from the March quarter itself as Jan/Feb were both effected by strike, re-hiring and training of staff.It is not however the absolute number that is important but that we have ramp up to target production in March and April in line with what the last company statement referred to.

This is speculative at the moment as nobody can tell what the quarterly will say but I am taking the position that we will finally have light at the end of this tunnel. I rate as a buy at these prices.
BR
Max