PLA 0.00% 6.7¢ platinum australia limited

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  1. 203 Posts.
    Looks like the big players in platinum are feeling the pinch.

    http://www.bloomberg.com/apps/news?pid=20601116&sid=arAvYAv9H9lM&refer=africa

    PLA is in a great position with its low cost of production. Even with these low prices it has a margin of $350 US oz. As supply reduces we should see the Platinum price rise again.
 
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