asx price query response, page-16

Hi folks

It was a good response by Tony/PLV. It was a strong response.

Broker's'(more than one) confirm with the company yesterday that strong buying interest is as a result of the briefings and presentations.

Look at the language used in this release. And look at the strength of it.

'The company' has been running a process to potentially select 'an' end user to 'assist' in long term funding ...and offtake arrangements.

There has been 'strong interest' by 'several' end users.

The selection process scheduled to be completed over the coming week.

This tells me PLV are in the box seat, that they are controlling negotiations and that they certainly are not desperate to do a deal.

Clearly too the company states that there is no guarantee that any funding or off take agreement will be entered into (and this is the important bit)... 'at this stage of the project'

That tells me management have taken a stand and are playing hard ball. Sounds like they are acknowledging the project is where it is...however they are negotiating perhaps on the premise of where it will be...and where it is headed.

Of course, just my opinion....and may be off the mark.

But very impressed with what was said and how it was presented.

On another note..

The upcoming deal/s re end user and offtake agreements has now been announced;
"scheduled to be completed over the coming week"

Thats monumental and a clear message that a big catalyst/company defining event could happen anytime within the next 7 days.

24 hours ago 'for me' talk of shareprice was unclear.

Bit clearer now..