is their any hope for plv, page-33

Agreed Phantom, the market cap is a joke and makes Pluton an obvious takeover target for the likes of Twiggy's petty cash account and other circling sharks.

Much has been achieved and the PFS has fundamentally changed with the incorporation of Cockatoo Is, Timeone infrastructure (much cheaper than PFS), larger grind sizes, a quantitatively larger indicated resource and a doubling of mine life.

I note from the November AGM presentation that in 2011 they have completed a PFS, started a BFS and aim to complete a DFS for combined Irvine/Cockatoo operations in 2012.

My suggestion (not that I really know that much about these things) would be that in conjunction with the BFS Pluton should do (or have done) a "back of postage stamp" update of key parameters in the PFS, possibly not more complicated than last years Intersuisse broker report. Bottom line. What is Plutons revised Net Present Value per share? My guess is that it would be a multiple of the current shareprice!

Perhaps this can't be done before Timeone can provide revised infrastructure costings, but if it could be done and released before before more detailed BFS/DFS, it might just be the share price tonic that is desperately needed.