PLA pacific lime and cement limited

pgm prices forecast to rise further

  1. 343 Posts.
    http://www.kitco.com/reports/KitcoNews20110112AS_PGMs.html

    PGM prices are forecast to continue rising in 2011. Palladium specifically is seen as continuing its rerating on the back of Chinese demand and declining Russian stockpiles.

    As I see things, PLA sp has been pulled down by a very difficult start up at SH. The moment JIC can deliver an improvement could be the start of a serious rerating of the shares which can be fuelled further by a strong DFS on Rooderandt.

    2011 may well be the opposite of 2010 for this.

    BR
    Max
 
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