large buyers, page-14

If I were an Asian corporate looking for platinum supplies on the cheap I just couldn't resist a play for PLA. 9.7m ounces of PDM's could easily be picked up for under $100m, and with that you get a mine in production ramping up to 80,000 ounces this year.

The combined resources themselves must be worth more than $10 per ounce, given existing production and the advanced stages of the three other projects. In a better market those resources would be reasonably valued at $50 per ounce.

So, it's corporate action for me too mmmmgus. Somebody's decided it's time to pounce.

DJ