Buying more shares on market to maintain your % holding to counter dilution by management at ever decreasing prices sounds like throwing good money after bad to me. PLV has been shipping ore for a a year now and the only ones making money out of it are management, ex directors becoming directors again and the Lawyers and consultants that got $13m to transact a $20m asset purchase.
Seems mediocrity is a target statement and something to aspire to here !
interest, page-46
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