Well after some careful consideration, I have decided to buy my first holding of PLA today...
They have been slammed the past few months mainly due to constantly raising funds and IF they need to raise funds again in the next 3-6 months I will probably regret buying today,,,,BUT on the bright side..
I am hoping that they will have increased production,lower costs going FWD together with HOPEFULLY higher Platinum prices and they can hopefully start to run at a profit...
Seems like the strikes and employment issues are now resolved(hopefully) The hardest buys are often the ones made after a huge SP collapse BUt those buys can also turn out to be the most profitable if your timing is good...
IMO its worth a punt,,,,I am hoping for a few more buyers to come in to support the SP around 8 cents,,,,have a great day and lets hope we back over 8.5 by the end of the week :-0) dyor
PLA Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held