Hoots,
Let me ask you a fundamental question.
"If" the funding is sorted to take PLV through the next phase of drilling to identify and prove the resource which would support the business case to build the sea wall and turn Cockatoo into a 40 year mine, what would you value PLV at?
If the answer is many multiples of where we are today (and I suspect it is many/many multiples) then it's a question of risk/reward isn't it?
Conjecture on guesswork of course but I'd rather be contemplating those questions on this forum.
I suspect this is exactly what management are working through as I type.
GLTA.
Cheers,
Snagger
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