Have rec'd return of bond ~$19M to (hopefully) use for working capital - drilling & sea wall.
Value of Irvine & Cockatoo assets to a predator????
On that simple premise, I look at the current SP of ~6c and think that on a risk/reward basis it's pretty good value.
Cliffs were always going to leave and its a bit frustrating that they've decided to dump at these levels rather than prior to the halt - but such is life - it opens opportunities for others
I've topped up, and will continue to do so, continually bringing my average cost down to something I could never have imagined a while ago.
Having been sold on the story for over 4 years, I've experienced the highs and lows but remain confident that PLV will eventually succeed.
AKA is a troll....we all know it....ignore him or laugh at him....just don't take him seriously.
GLTA.
Cheers, Snagger
PLV Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held