Finally buddy some sense on this legal nonsense. Throwing these $2 companies line as if anything associated with it is doomed is ridiculous. Each situation needs to be assessed on its own merit especially in regards to the assets involved. Laws are also continuously evolving. That is all I have to say on this matter. Sartori i am no cheer leader of management but when it comes to agreements what did you want plv board to do. As I recalled did bhp not pull out of a deal recently? So even the best renege. It was more the ethics of this situation which was more infuriating. However did anyone know the business history of ss&t. Don't forget timeone did stump up some money. So while we expect management to be responsible we honestly don't expect them to be soothsayers do we. In the end we investors should blame ourselves. Simple. If you are not happy with the story close the book. No one forced plv on us. As I've said before even after the PFS we all had time to get out in the 70s through to 60s. Speccies are built on assumption. It is always easy to blame other but what about the investors inability to manage risk or analyse a stock. Next time you buy a spec ask yourself these questions: can I afford a wipeout and can I ride out the waves by holding. If no to either go to the blue chip with +5% dividends section and relax. If you put your money into the bank could have made over 20% in 4 years. Plv if things fall in place and you bought now could give you 100 -1000+ % returns but u could also lose it all. Your call sartori.
PLV Price at posting:
15.3¢ Sentiment: None Disclosure: Held