PLA 0.00% 6.7¢ platinum australia limited

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  1. 19,557 Posts.
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    Annual report released on 13th Sept revealed Top20 was 70%.

    No notices have come to light on buyers or sellers, however HSBC is all nominees so i would suspect movement in their two accounts of which Soros is a nominee but no notices have come out covering his Quantum Fund.

    With regard to Redpath's exit this has been an on going issue, and the word is PLA have already look at other operator and have visited those mines for evaluation and feedback.

    I don't see this as a risk. More of the attention will ounces produced and cash burn rate, the primary risk now is another capital raising is being factored by the market.

    At least we know they have $7.4mil which is being withheld from Redpath.

 
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