http://media.abnnewswire.net/media/en/docs/ASX-PLV-358698.pdf Tells a little about Timeone. Timeone wasn't the only one being considered. Also states why Timeone was selected. My worry is was due diligence done thoroughly and who did it. 30m is not that much in the scheme of things. Surely management must have known whether Timeone had the funds without looking for backers. I would also assume that Timeone would know exactly what they were letting themselves in for before committing. I can't see them pulling out now that they have committed to tranche 3. Was it not possible to get the ore beneficated in Japan?
PLV Price at posting:
20.7¢ Sentiment: Hold Disclosure: Held