PLA 0.00% 6.7¢ platinum australia limited

voluntary administrator pitcher partners, page-3

  1. 57 Posts.
    The lack of proper communication dumbfounds me.

    What is the expected liability for the contractor?
    What were the production figures/tonnage cost for April, May and June?
    What is the current cash position?

    Surely care and maintenance would have been a better option. Or maybe the larger shareholders have finally had enough of Lewins and the salary gougers.

    Shareholders need a good bounce in metal price. However we don't know if April, May or June were profitable/efficient months - that is the real robbery for shareholders. Was Smokey a hole in the ground or was it going to turn the corner?

    I phoned Acorn Capital. The main analyst is away at the moment (not taking small fry's calls). They must be the most upset about this situation - they entered late and have been severely burned.

    Has anyone else spoken to other shareholders, management, the receiver or heard anything else?
 
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