deal secured!, page-28

Since the GFC this has been the most difficult time faced by iron ore companies...for Tony to do what he has done over the last few weeks is nothing short of impressive in my view. It is quite clear he is making capital raising as his final option and is acting in the best interests for his shareholders.

To me the announcement today is a great strategy by PLV to generate interest amongst Insto's while the stock is in suspension. In addition by the time we come out of suspension Im expecting iron ore price to be well and truely off the bottom as China re-stocks for Winter.

I see a lot more positives today then when we went into suspension a few months back!