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Business Description: Platinum Australia Limited (PLA) is a minerals exploration and development company focusing on projects prospective for platinum group metals (PGM).
Strategy Analysis: PLA intend to become a substantial low cost, mid-tier PGM producer by filling a short supply of platinum in response to global demand. PLA operates the Smokey Hills Platinum Mine in South Africa which has a projected average annual production capacity of -100,000ozs 4E PGM. In addition PLA has a portfolio of advanced PGM projects in South Africa and Australia for potential development. The Company is also actively seeking other projects.
Platinum Australia reported negative cash flow of $6.07m for quarter ended 30 September 2011. Operating cash flow for the period was $(6.1m). Payments for exploration and evaluation were $(937,000). Investing cash flow was $(13,000). Financing cash flow was $43,000. Cash in hand at the end of the quarter was $15.42m.
An educational booklet to help you learn the language of residential property financing with an introduction on how the tax system can help improve your cashflow.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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