PLA
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0.00% 6.7¢ platinum australia limited

Platinum now U$1645 and Palladium UD$465. I can see PGM prices...

  1. sprogman
    343 Posts.
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    20/01/10
    07:39
    Post #: 6222897
    Platinum now U$1645 and Palladium UD$465. I can see PGM prices rising even further with;

    1. Increased buying for the US ETF.
    2. Increased global car production.
    3. Higher SA electricity costs.
    4. Reducing Russian Palladium stockpile.

    Question: At what level would Australian PGM mining become economical? Panton's 50,000 oz per annum would be a very useful addition to PLA PGM production.


    BR
    Max




    PLA Price at posting: $1.22 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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