My thoughts exactly Messenger3, at 90m I beleive we have fair-value for the smokey hills project (At a Cash Margin $350 = 96m or 0.18c , $450 (Spot?) = 123m or 0.24c)
Anything above 123m or 24c is definetly factoring in non Smokey-Hills asset which i am not too confortable holding. 24c is the point at which i will likely close all my holdings BUT i am dying to know why the company traded volume of 326m or 64% of issued capital. Something is definetly up and i might reconsider the 24c target then but at this stage, ill be lightening my positions up-to 24c
PLA Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held