There will be a deal struck. Hopefully with a LONG TIME end user......Irvine Island in mind.
When open for trading again, IMO the SP will linger around the current valuation with MAYBE a few nervous nellies selling off, silly really with production imminent
Word of production happening.....IMO a small re-rating to 40c - 60c will happen, then some profit takers, back to around 55c mark
Normal increase over the coming months to around the 80 - 90c level, with mining underway and PLV announcing a profit, albeit small.
PLV announce Irvine Island EPA approval......SP to $1.10, with profit takers, ack to 95c - $1.00
Negotiations for mining Irvine commence, with financial arrangements being discussed.
If finance arranged and approved.....SP to arround $1.25
Announcment to commenc mining, re-rating to.....$1.65 Profit takers SP, back to $1.50
Production has commenced.. SP $1.90 and increasing
Announcements regarding local jobs and business increase, especially for the Mayala community
SP climbing steadily to around the $2.50
PLV announce profit....SSP to $3 - $3.40
Mayala update and dividends discussed
Future projects announced
There you go......What's all the fuss about :-)
PLV Price at posting:
15.3¢ Sentiment: Hold Disclosure: Held