is their any hope for plv, page-23

I agree with your post insaf, there certainly seems to be a credability problem here. By Christmas we will have the finalisation of the cockatoo deal and the terms of the deal with timeone. That will tell us where we are at in our relationship with timeone. If it concludes as expected then that shows that this relationship is a stong one. Timeone only exists for this PLV deal at the moment, although I am sure they have other deals in mind once this one is bedded down. At the moment their only asset is (soon to be) a 30% holding in PLV. If PLV falls over, timeone get nothing. They do not have a % in the project. Our interests are aligned. If Timeone are angling to use this model to do other deals in the resources space, screwing PLV is a strange way to start.
So we will soon find out. Fingers crossed.