I can see PLA only going up from here with some small re-traces to shake off the non believers in process.
Too much good news and fundamentals to leave the baby behind.
Another Aussie company that is going to crack the South African Platinum cartel in the near future without them even realising its happening.
The huge resource at Kalplats will be the real winner and more good drilling results will prove this up as a true world class 3EPM resource.
For this year all the focuse will be on Smokey hill coming in production giving the company some real good returns with Platinum at US$1200, Palladium at US343, Rodium at US$5900!! and gold climbing as we speak.
This will be a very lucrative moneymaker for PLA and will be the stepping stone to bigger and even better things with Kalplats.
In the meanime we also have Panton going in production this year with 7EPGM in partnership with SMY here in australia.
It will not take long before more and more people are realising that we have here the makings of a true billion dollar company that could become a 10 bagger in the next 3 to 4 years. (with the metal prices holding)
do your research and look at the growth prospects of this company in a world where platinum is already in deficit for the next few years and probably even longer.
jojo
PLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
