PLA 0.00% 6.7¢ platinum australia limited

soros gets it right on besoto, page-2

  1. 9,507 Posts.
    lightbulb Created with Sketch. 660
    Hi Sprogman,

    I am thinking along simmilar lines as yourself. The PGM prices are rising once again , which is ofcourse a BIG positive for PLA.

    They mentioned in their last June QTR that they are now basically cashflow positive at smokey hills.

    Well lets hope this has now further improved and if so we may see a long awaited turn around of the share price.

    PLA still has all the makings to come good ,with smokey hills turning around , Kallplats being given the go ahead and good drilling results.
    But for us shareholders it has been a very frustrating investment riding all the way to the $3 before the GFM to the current low share price.

    But the rising of the PGM prices may help us to go back into the right direction.

    Good luck

    jojo
 
watchlist Created with Sketch. Add PLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.