PLA 0.00% 6.7¢ platinum australia limited

ZAR has weakened to about 8.4 to $ and their PGM4 basket is...

  1. 3,827 Posts.
    lightbulb Created with Sketch. 79
    ZAR has weakened to about 8.4 to $ and their PGM4 basket is presently at about $1100. So they need costs under 900ZAR to break even. The falling oil prices will help. But the biggest factor to get costs down will be increasing volumes. I'm guessing that month of June but not whole quarter will be cash positive.
 
watchlist Created with Sketch. Add PLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.