So little choice for PGM, especially palladium, exposure that the existing 'producers' will carry a huge premium should palladium spike. Add to that the fact that with the Panton Project the political risk has been completely removed then the result could be, well, explosive.
I'm hearing that Macquarie Bank are all over the stock in an attempt to build a large/far larger position without driving the stock up to fast, anyone hear anything?
Palladium could show the fastest appreciation this year, you only have to look at the performance of rhodium to realise it's the quiet ones that make the really significant moves. Where that will leave PLA is anyone's guess but Lewins/PLA really seems to be in a very very strong and unique position.
PLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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