PLA 0.00% 6.7¢ platinum australia limited

Hey MaxyYou can only hope that the current mining contractor can...

  1. 8,188 Posts.
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    Hey Maxy

    You can only hope that the current mining contractor can ramp up the production to the 60,000 tonnes per month and that the plant recoveries will either stay the same as per last QTR, or improve further.

    If PLA is not going to be succesfull in getting this production ramped up by the next Qtr then our other hope would be that one of the other Platinum miners is going to make a move on them.

    We just have to wait now and see how good this mining contractor is and if luck is going to be on their side.

    There is still no reason to believe that Smokey hills mine can not be ramped up the previous forecast levels of production, and this new mining contractor is now our only hope.

    For now only time will tell what is going to happen and we could either see a nice re-rating coming soon, or more pain ahead.

    jojo
 
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