Prices of plat up and expected to rise well into 2013. Stikers and unions to reach a agreement to get back to work sooner rather than later. Many producers with mines in care and maintenance and 75% of worlds Plat currently coming from SA. WHY arent the creditors looking at a new board of directors to get this company started again. Even if it takes 3-6 months when it does produce PLA again it could trade itself out of debt given the demand. Shareholders have been left with nothing due to BAD management of the worst magnitude surely it is better to work towards producing again than to sell everything and only the creditors/management get rewarded and shareholders screwed. I would think that the miners themselves would be keen to get back to work in SA and a compromise is surely not far away. I will be even more Pissed of if Plat prices exceed $1800 and all I get back is a ....You!
PLA Price at posting:
6.7¢ Sentiment: Hold Disclosure: Held
