comparisons and further questions, page-77

Even a whiff of a take over and this stock will be sitting at $1+ sp, the board and mgmt. recommendation will be encouraging all share holders to dig as deep as possible and buy as many shares as you cash can buy, IMO opinion thats the recommendation Tony is talking about.
Now coming to how much he should raise, last time it was $16mill. Which realistically hasnt even taken us a year to chew through, I think $30mill would be a nice tidy figure to raise and forget about it for the next two years, which will put 75mill. Additional shares on issue, taking the total to just over 230mill. FPO , thats nearly 50% of your current mrkt.cap being added on , which is a lot by any standard .

I am relatively new holder with plv, as this will be a huge blow to those who were around when the last placement took place in Oct.2009,with all the promises of going to the end user the next time round, even the over hang from a 75mill share placement will take a good 6mths to get through , so dont expect any share appreciation for the next 6mths.
If we look at a similar amount as last time $15- 20mill., board and mgmt. will be making the same recommendation to you in the next 9mths. with a sp still sitting at 40c .

So a $30mill.cap raise and no more there after, if they come back to the mrkt. for anymore, we should look at voting board and mgmt. out , as I would deem them incompetent to bring this project online without destroying share holder value


Cheers