no worries with plv, page-13

Hi folks

Not sure if i'm reading the PLV thread.

Seems the expectations are lowering for this company....by some 'newish' posters.

$70 a tonne? DSO 2013?

There is every possibility that it will be 2012. I agree this date is not clear. but in this economic climate why wouldnt you go gangbusters to maximise your returns to fastrack production?

The broker reports stated around $83 tonne from memory.

On that figure we managed a $2.80+ valuation from Intersuisse.

That was before considerable upgrades to resource, before MOU and tech testing to create a high value product..at a premium price.
That was also before IO price rises....and it was before the Native Title Agreement and a 'green light' DSO maiden resource.

Of course the IO price won't stay up at these levels, which is why I will be interested in PLV's strategy going forward and the PFS assumptions.

Perhaps, as I am reading at least in the ASX releases, PLV is considering 'other' options to get their IO out of the ground and off to market in the quickest and most efficient economic manner.

Okay so that sounds like a stupid comment when one considers that is what companies aim to do anyway...

But there is an opportunity right now to capitalise on the higher prices....

Nothing is stopping PLV from having a multi tier approach perhaps.

Maximising return in the short term may well be the primary focus of the company.

The high tech product and the JTC may well be going ahead, but it might not be the 'initial' major primary focus of a company wanting to maximise return for shareholders while iron ore prices are at relative highs.

April in a few days....