Maxy2181
An extract from the 2009 Annual Report on Smokey Hills... 'The Project is covered by a Mining Right in the name of PhokaThaba Platinum Pty Ltd (?PTP?), a joint venture company in which PLA is increasing to a 69.75% direct interest and a beneficial interest of approximately 85%. The balance is held by a consortium of Black Economic Empowerment (?BEE?) Groups, including the Local Community with just over 9%'.
My approx 35% (~35%), should therefore read ~30%. I was simply combining the BEE and Local Community Interests together. I wont suggest I know the difference/bearings/dealings or power these groups might have. Can anyone provide any further guidance?
Looks like another poor day of trading ahead. It will be interesting to see if PLA can/will hold at these levels. Just wish I had more cash in the sidelines...
mmmmgus
- Forums
- ASX - By Stock
- PLA
- all time low of 10c
all time low of 10c, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PLA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online