PLA 0.00% 6.7¢ platinum australia limited

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  1. 523 Posts.
    Researching PLA at the moment as a prospective long term investment.
    It appears this company is doing a really good job at renovating from the inside out - in particular smokey hill. What I was wondering though looking at the most recent half yearly, why are there such high production cost for pulling the platinum? I assume most of the costs are associated with the flotation and subsequent refinement of the ore. Any further enlightenment on this from current holders would be much appreciated.
 
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Currently unlisted public company.

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