I think management have made it clear that they do not intend to do any further capital raising. The deal with Timeone is designed to give the company enough money to see them through to the commencement of mining by PLV at Cockatoo Island and the funds to complete the Irvine Island project will be secured by Timeone. THe only possible dilution of company assets will be through the joint venture agreement with Timeone when that eventuates.
Hope that helps. You'll need to buy your shares on the market.
PLV Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held
