PLV 0.00% 1.2¢ pluton resources limited

a not so comprehensive update, page-19

  1. 2,319 Posts.
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    ST it seems to me that this is a cocka number. So 1.5 from stage 4/5 and 4.5 - 6.5 from the underground. No wonder WEG fought so hard. That's a huge revenue number and if we are good on costs, a huge profit number.

    I was just told a comprehensive undate and that there would be meetings early next week. I assumed a full presentation.

    I don't know why we would have a market cap below 25 mill on this info. If we assume 1.5 m tonnes p.a. then ebit for PLV's share is $45 mill.

    If the drilling proves up then the numbers for a little company are pretty compelling.

 
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