ta charts, page-142

"hypothetically speaking here Wayward1, but...

i'm confident that an announcement of ~ 80MT of high grade recoverable underground ore released to market adhering to the JORC code with an acceptable opex value should do wonders for the SP.."

I agree ST. That would be monumental and change everything about Cockatoo Island assumptions and PLV. It would be massive.


I guess most of us have under-estimated (apart from some T/A ers) the share price fall and over estimated the share price rise.

Fact is we have all been over estimating this for sometime.

How many thought 24 cents by 10 January when some of these deals and developments at Cockatoo were completed months ago?

So are we wrong? Market says we are. Plain and simple that.

Value and derisking continues to be added to PLV yet we still hover at these levels.

The 80MT (it may be anywhere between 60-120 MT) could seriously move this company as some already suggest.

But much will depend on the time to market for the orebody and the method/s of extraction.

I've been waiting for information/news (and this is not company specific) about how these technologies are being demonstrated present day by other companies.

I recall hearing that this is already being done on Koolan to some degree?

I guess you have to be skeptical based on how difficult it was to do a deal for Cockatoo, as surely those in the know would know the orebody and understand the implications and technicalities of getting it to market.

But by even taking out that big blue sky of 80MT completely, if we go back to PLV's own comments in their investor reports, they are confident they can significantly increase current tonnages.

So for me i'm not just thinking about this massive orebody that may or may not be untouchable, i'm thinking about PLV's comments and the confidence around them.

Either way PLV is getting significantly more IO to market in their opinion - not mine.

So taking the 80MT out of it, I see big moves upwards based on demonstrated shipments and further deals.
Cockato valuation is going up not down..

And...we need to put the island in context to the infrastructure it provides for Irvine operations 'when' they get underway.

This $155+ IO is perhaps not sustainable...but as some have suggested here, $120 might be.
The demand may be more of what we saw months ago when the rises in IO were followed by a massive plunge due to stock piling - is this merely happening again?