PLV 0.00% 1.2¢ pluton resources limited

5 & 1/2 months, page-19

  1. 1,340 Posts.
    just speculating then, what news can we expect over the next 5.5 months?

    The final results for Cethana's CETD4, remebering that
    "The patchy nature and low grade of the copper-gold-molybdenum mineralisation is interpreted
    to represent leakage along the fault structure from a concealed mineralisation source at depth
    within the Cethana Magnetic Anomaly." PLV just haven't found it yet, but given the increase in price of copper, the threshold for feasibility of low grade porphry deposits is continually falling.

    Further drilling updates and resource upgrades, particularly DSO.

    Given the MOU is non binding and perhaps not exclusive, if a resource upgrade is large enough might there be room for a second JV partner, perhaps just for the the DSO.

    A small placement, to tide the company over until thw JV kicks in and hopefully also offered at a discount to existing shareholders.

    Perhaps an upgrade to the intersuisse broker report after the resource upgrade

    Anyway, thats all I could come up with, can anyone think of more.
 
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