Irrespective of AGP continued selling the re-rating should begin with the next announcement of Kalplats resource upgrades, overdue by John Lewins own prediction in February. That and the possible announcement of sale of ore for third party processing off Smokey Hills should get things moving before June when we are due to get BFS for both Kalplats and Panton. Daily trading volumes in Oz higher than UK but UK volumes rising now in anticipation. Chart looking as though the break is underway.
PLA Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
