"The longer the deal takes to finalise the longer PLV owns 100% of the project and the more cash the company makes."
What if WEG get their 50% back and are threatening legal action to the technical breach .? half the income would be theirs if they were successful.
Why would the accounts to 31st December be held up because of the negotiations ? If the $20m was banked and WEG dispute Tonys assertion that it belongs to PLV then possibly $10m less on PLV,s books at December 31.
An operations update is required - all this extra speculation can't be good.
hOOt
PLV Price at posting:
20.7¢ Sentiment: None Disclosure: Not Held