no need to be nervous....in fundamental terms we have a 200M company that "could" soon be earning 250M profit from DSO which would fund a beneficiation stage 2 that would increase profit to 500M per annum.
that's the potential at least....at a P/E of 10, and presuming capex for stage 2 funded by profits rather than dilution, the potential is a 5B Market cap within say 3 years.
that's 15x the current M/Cap.
Technically, the reversal today looks ugly, but the bots were almost totally in control, so its been deliberately engineered to look ugly.
In regards to Tooters, they are always a bearish sign, so for that reason they should try and tame their enthusiasm......anyone looking at this board in order to gain info about PLV lately would probably conclude that a lot of Hotcopper holders of this stock have the emotional age of around 5-10 yrs.
Guys, if you expect the stock to be taken seriously, wouldn't a bit more discussion re numbers be a lot more helpful than TooT TooT???
PLV Price at posting:
$1.08 Sentiment: Hold Disclosure: Held
