“Of the four Conditions Precedent, three have been secured with the final one expected to be finalised over the coming days.”
Is this the $20m Bond?
If so and they can secure this would give confidence in WEG. Obviously they have come up with funds for the 48m share transfer from Timeone, $3m loan, $5.5m pre-sale.
Next week will be the week if feel.
"Providing completion occurs as expected next week, Pluton will commence mining activities on Cockatoo Island on the 1st October 2012."
What a long 6 months. GL to holders!
PLV Price at posting:
15.3¢ Sentiment: None Disclosure: Held
