PLA 0.00% 6.7¢ platinum australia limited

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  1. 17,783 Posts.
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    Panton was always hamstrung by our high cost of production in this country. You would need platinum price to be over $2000/oz for an extended period to really invest in developing that project.

    So the deal they took was a smart one imo.

    SH is not the company maker, but it is a good starting point to build from.

    Kalplats is the next stepping stne followed Rooderand.

    However the execution to date has been appalling. Maybe a merger (if it ever plays out) will provide a better standard of management.

    Meanwhile I am happy to trade this whilst the volume is like it is today.
 
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