what is plv really worth?, page-4

That's a good post pelm and I hope that a concept study will bear that out to the broader market place. For now however we have the early stages of s company making project. As Churchill would say we are at the end of the beginning. Still much to be done but reward justifies the risk at the moment. There will always be doubters but that is what constitutes a market place. Many are inclined to the view that the price action diverges from that which one would expect for the back of the envelope numbers pelm propounds and hence the doubters. As always time will tell and the capital situation is the likely culprit. Obviously for the time being the prospect of a SPP remains a likelihood. Notwithstanding the short term goings on I expect there to be significant scope to add value to the project and this will be something only the patient of shareholders will be able to benefit from.

I look forward to significant share price appreciation in the future that an island location with a significant marketable resource will provide. As they say the share market is a mechanism for transfering wealth from the impatient to the patient. It therefore concerns me little what the doubters say - unless of course they can quote hard facts to justify their view. Unfortunately many few do.

Wishing you well in your endeavours showman.

Hold fast boys.