You either believe in the company and its management and the deals its currently negotiating...
Or you don't.
Nathanblack I STRONGLY disagree with your comments re Timeone being crazy still paying 35 cents.
It was a bargain when they got the deal and its a bargain now.
They know it. PLV know it. Many shareholders sense it.
They have got their hands on 30% PLV and 50% of Cockatoo knowing they have production opportunity close at hand and access to a proven region and orebody.
No doubt they believe (read as know) that Cockatoo is much more than the current valuation and estimates.
Do you reckon Timeone did their due diligence?
Why are they so keen to do a deal for a supposed burnt out old operation like Cockatoo?
They know theres more there thats why.
Timeone might not have bought at $1 or SPP levels...
But they got their 'opportunity' at 35.5 cents.
Yes its 'now' double the current share price....in no small part due 'to' them and their inability to follow through on original deal and timelines.
Ironically the SPP and Mayala deal were more than double that of Timeones deal.
Lets hope SS&T add a bit of professionalism to Timeone and deliver on time.
PLV Price at posting:
17.1¢ Sentiment: None Disclosure: Held