Been researching and viewing lots of old PLA...

Been researching and viewing lots of old PLA Broadcasts/Presentations this afternoon. One interesting point I found out is that the majority of costs at Smokey Hills are fixed. Therefore any increase in tonnes mined will bring it much closer to profit. They currently have a 1000 workers on site. And the original Capex costs for Smokey Hills were approx. $52m ($12m more than the current Market Cap!) The other projects are therefore just the cream on top (not to mention how much was paid and been spent on proving the resources). Truly deep value to be found here.

Also found the part of the answer to my own question:

http://finance.ninemsn.com.au/newscolumnists/brokercall/8426796/fn-arena-broker-call-headlines-28-feb-2012

- PLATINUM AUSTRALIA LIMITED

'UBS rates as Neutral (3) - The 1H los was bigger than the broker was expecting. Another disappointing half for Smokey Hills was held to blame. Revenue and operating spend was in line, although earnings fell short on higher than expected corporate costs.

The broker notes that a switch to owner operator mining will now be the key driver for the stock, and may be the company's last chance to bring Smokey Hills to namete production. Minor EPS downgrades are pushed through to account for delays from the changeover. The Neutral call is maintained'.

Also:

http://finance.ninemsn.com.au/newscolumnists/brokercall/8412088/fn-arena-broker-call-headlines-1-feb-2012

- PLATINUM AUSTRALIA LIMITED

'UBS rates as Neutral (3) - Target $0.10 (was $0.15). December quarter production was weak in the view of UBS, though the switch to owner operator is viewed more positively by the broker.

A recement capital raising should see a positive cash balance, enough for the broker to retain a Neutral rating'.

Still looking for any other details. If anyone has come across any relevant research or press articles, then please post them. This includes any info from other forums!

Cause as they say, knowledge is power!

Cheers

Gus