Since the Irvine PFS disaster, PLV has been spinning its tires burning cash and going no where over the past 12 months.
Good thing management and staff are getting paid, because shareholders certainly have nothing to show for all these Japanese, Chinese, Australian JV deals.
Plan A, Plan B , Plan C, Plan D PLV is going to run out of plans and cash soon. Not to mention the market for iron ore falling.
PLV Price at posting:
15.3¢ Sentiment: None Disclosure: Not Held