back to 40c few months later !!!, page-16

It funny to read of down ramps. Last one i saw was off the sydney newcastle freeway where all ramps truly are. There are genuine sellers of the stock of which i was one. Everything in that presentation screamed of a requirement for more capital of which pluton have none. So i see the stock headed to a cent as its not viable. Companies with share prices in the single cents are rarely able to raise capital and theres a capital raising coming as PLV wont be able to continue without it. How Spivy does Clark look as well - his first presentation he crowed about being 6 months ahead of production schedule on cockatoo (which was a fanstasy in his mind) and this latest one he mentions Collier Bay and Tasmania as valuable longer term targets on 5 different pages. If they had any value at all he should sell them and use the capital to develop Cockatoo but of course they dont and its spivy stuff to try and distract people from the real issues. Also no adequate detail on the massive drama of the last 6 mths including being placed in receivership. Thats why i sold - the big picture is they need capital desperately and keep getting almost screwed to receivership each time they go cap in hand begging for it from the chinese or shareholders down here will get massively diluted. I'll leave up ramps and down ramps to freeways. I wish all holders the best of luck and wont be dancing on anyones graves if it goes belly up. Enjoy the ride and it can only fall another 8c which is good news.