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0.00% 6.7¢ platinum australia limited

M11,you should know the Plantinum price droped a lot recently....

  1. sydney6791
    3,646 Posts.
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    21/05/12
    10:58
    Post #: 10201830
    M11,

    you should know the Plantinum price droped a lot recently.

    PLATINUM
    05/18/2012
    17:13
    1451.00


    PALLADIUM
    05/18/2012
    17:13
    602.00

    At current price , Production is non-profitable, unless Pt price back to 1600 and AUD keep falling.

    20m cash is positive, But PLV still has 10m debt.

    I think Pt price is the key.
    PLA Price at posting: 7.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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