is company committed to 'current' share price?

Hi folks

Approaching near on 50% share price retracement from intra day high of 90 cents....

MOU signed with major JTC and we go from intra day highs touching 90 cents to the more tangible result of a company with an interested backer onboard to near 60 cents.

Not pulling any punches here...its sub standard.

To put it into perspective PLV is trading at near 25% of its former highs of $2.50 pre GFC and 'that old company'it was; barely a flea on the backside of the current one;

Multiples of former resource.
Total ownership of Irvine from only 50% initially
Cockatoo island synergies now apparent and highly economic
Rising broker valuations with the latest being $2.80 from Intersuisse.
Media company enlisted to promote company
Numerous roadshows
A better than expected $8+ million in cash!!!!
The company has excelled in its proactive environemental approach and standards having won the Golden Gecko.
'AND' now strong interest from several parties and a 'potentially' significant company boosting non binding MOU with the Japanese.
Etc etc etc....

And we have this current 60 odd cent shareprice.

I'm not happy with this 'current' state of the share price at all. It does not reflect the companys value or the excellent progress it has made..and is making on any number of fronts and criteria.

Lets look at 'now' shall we?

The current shareprice should not be overlooked with a near on '6 month view' to the 'next' big milestone or re evaluation from the market.

Sure PLV hands are obviously tied re confidentiality with the MOU, however wheres the 'effective' PR????

I don't see it. I didn't see it in the announcement. I thought the announcement, despite a sentence or two was a little too vague....hardly much to go on or inspire investment..

This is demonstrated in the collapse of the share price on what should have shored up sentiment and elevated this company to another level.

I am not interested in what PLV cannot/or unable to announce. I am interested in what they CAN announce.

I think its time the company delineated a lot of what was mentioned in the Intersuisse report....i'm not seeing it.

I'm 100% on this company on just about every criteria other than the most important one..

THE SHARE PRICE.

Direction is needed. Committment to it is required. I'm not seeing it i'm afraid.
I realise PLV have done an excellent job re securing interest from a major Japanese company and I do not want to in any way criticise that move...it could be a master stroke.
In fact i'm extremely happy about thew Japanese being 'potentially' onboard.

Tony and the Board have done brilliantly in securing this deal and on the $$$ saving front.
Big ticks there.

But the company has to realise that the market rates this company on share price. It was not inspired by the announcement. Shareholders (albeit i'm sure many traders) sold it down.

Big improvements required here.

Tony and the company are accountable and ethical imo.

..but..

on more than one occasion now i've seen a 'relaxed' attitude to the share price.

I witnessed it re the Mayala agreement comments (no hurry to sign agreement comments) here by Tony a few months back...and ive witnessed it again with a vague announcement on a non binding MOU ..and..imo at least, a failure to give guidance to the market.. AND.. the Intersuisse report that PLV themselves commissioned.

Raise the bar guys on share price criteria and follow through on what is reported or insinuated in an Intersuisse report.

I'm one of PLV's/Tonys biggest supporters and will continue to be....

... theres a lot in that Intersuise report that has not been delineated or confirmed by company guidance.

As a shareholder i expect much more and i'd hope thats the message a number of shareholders respectfully hit home to the company as well.

'If' this MOU doesnt succeed where will that leave PLV..and the share price?

Plan B? ie 'Other' parties in the wings?

Plan C? etc

Just my thoughts of course :)