update, page-3

Hi guys,

This is a no brainer at this price and I bought more this morning.

PLA is going to be bacisally printing its own money in this environment and is on a win win situation with its debt being financedin ZA Rands and its income in US$$.

It will still make a margin of US$350/oz of PGM under the current weak prices and should attract now also a take over premium in its share price imho.

We have not the perfect oppotunity to average down with a far lower risk then before as we are now basically a producer.

For me its a bargain price right now and I would have loaded up even more if I had more financed available.

good luck and please do your own research.

PLA is now trading around a PE of 3 which imho is a bargain.

jojo