JWFCTHE US100m was about turnover not profit and was an...

JWFC

THE US100m was about turnover not profit and was an approximation. But using 90,000 oz my breakdown which excludes Rhodium is

15% hedged 13500 oz x 1250 = $16.9m
85% unhedged 76500 oz x 850= $65m

Thats only $80m so my figures were too high. Never the less
PLA is profitable and the cashflow can help fund the development of Kalplats which is really where the money is. I am waiting for the feasibility study to see what the future holds.