PLA 0.00% 6.7¢ platinum australia limited

Jojo,Well the DOW did not bounce and I do not see any lift...

  1. 343 Posts.
    Jojo,

    Well the DOW did not bounce and I do not see any lift coming from the US markets for a while yet.

    I feel that PLA's fortunes are not however linked to the DOW which has risen by almost 30% while PLA share price has fallen 60%.

    Production at SH is going in the right direction and Rooderand is developing into an interesting longer term project for PLA.

    I cannot call the direction of the markets but PLA seems very cheap at these levels. A strong June quarterly and there are great gains from these levels. This is cheap enough now for me to consider again as a buy.

    BR
    Max
 
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