what could be the sp on re-listing?, page-32

Value...and the perception of value needs to be re-established here upon re-listing.

The valuation assumptions now are not only dependent on the independent valuation report, and broker reports - but importantly, VERY importantly, they rest fairly and squarely on PLV's shoulders.

I topped up in the low to mid 20 cent region. I won't be looking to sell anytime soon. That was, and I believe is, an opportunity.

Whilst I did not or have not planned to buy more, I will be looking at the detail closer here and if prices are low enough i'll get more.

The selling will be inevitable. I think there are some very good reasons to sell this based on what has transpired - from a sentiment/historical perspective....some of PLV's decisions and its associates have been questionable at best.

But things do change and an operation shipping IO into what looks like an improving market with Chinas recent intention to build more infrastructure being an obvious reason.

Add to that the bounce in IO prices and we perhaps have seen the bottom.

I'm expecting nothing less than PLV to market PLV aggressively - they have a lot of ground to make up in my view.


The good news is that they can do this easily - if they choose to...

Plenty of great news in PLV in my view. Shipping IO in a coupla weeks time is one of them!