PLA 0.00% 6.7¢ platinum australia limited

thoughts on panton sale?, page-5

  1. 1,245 Posts.
    lightbulb Created with Sketch. 12
    Good news for current holders. Trade sale a good thing at this point in time. Money in the bank and possible future earnings! The project was very marginable aFnd required deep pockets to develop. Obviously even the Chinese weren't interested in touching it!!

    Sunk costs are sunk! Better to flick it and move on. As a pure South African operation and money in the bank, perhaps we now could really become a target?

    Derisks PLA big time. And supplies more cash than the last capital raising, which wiped $$$ off the market capitalization.

    Smokey hills and Rooderand now the near term focus.

    It would be nice if management took a pay cut and supplied a 'strateigic update' in the form of a presentation to the market highlighting the value were sitting on and the plans to unlock!

    Got to go and enjoy my holiday.

    Gus
 
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.