re cash flow, page-26

Hi Folks

Hi Red Emperor. The one BIG positive we have here, particularly relative to 'other' companies discussed, is PLV actually gives a damn, accepts feedback, and values people...whether they be shareholders or indigenous peoples connected to Irvine.

Of course that doesnt = success and $$$ but it does to some way at least represent accountability and respect - something that is clearly missing in companies like the one you mentioned and particularly one other URAnium hopeful I was involved with a couple of years back.
Its why Tony and the team enjoy solid support and loyalty from their shareholder base and their stakeholders.

The Greece situation and the Henry report have me concerned for PLV ...as i'm sure a lot of us are.
There is no buying support. The support levels around 40 cents for the capital raising last year have been broken. In a company like this in this market it means we are vulnerable to sell downs....unless the market interprets upcoming announcements/developments/reports as having real and immediate value.

News to date hasn't done this.

Fortunately we do have $$$ and we are drilling so the opportunities are there.

Buddy123 I might add to your earlier post that your longer term view is you will be; "starting to count your chickens" (I assume you are talking production and success of the company)

Our chickens and the return from them WILL be dependent on the amount of shares on the PLV register and will be critically impacted by the state of the share price as a result.

Future cap raisings upwards of $1...or 20 cents? Those numbers will have an enormous impact on our returns as shareholders.

I respect your posting and your views however the macro environment will determine whether we even get to mine Irvine...and if its a struggle to raise capital, the effects and impact of that dilutionary pressure 'may' mean PLV is heavily diluted and undervalued in a challenging environment....in other words it might be considerably lower than you, I, and everyone else thinks it will be.

The "she'll be right mate" approach has its limitations. Whether you are here long or short, at the end of the day its about investing or trading your money for a return commensurate with the expected returns.

No guarantees except one: Things change.

Lets hope the PLV team are being proactive and cognisant of the importance of 'managing' the shareprice...because folks that 'does' matter. It is important. It represents perceived, unrealised or actual value.
It determines future dilution..and perception of this companies worth (relative to shares on issue/MC).