Ann: PLA MOVING TO OWNER OPERATOR MINING AT SMOKE, page-5

re: Ann: PLA MOVING TO OWNER OPERATOR MINING ... Yes very gutsy move, this could go either way i suppose, but something needed to be done or PLA would've slowly gone broke.

Short term it looks positive with wage increases negotiated, taring local roads & supplying water to the people.

If this can save 10% on expenses (roughly 1.5 Million) & increase production say 30% to 11,000 ozs (roughly 3 Million additional in revenue) it'll bring them closer to break even.

They really need to increase production 40-50% (13,000 ozs) to make a profit.

let's see.