PLV 0.00% 1.2¢ pluton resources limited

are weg pulling their weight?, page-23

  1. 2,319 Posts.
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    Bleasby you can lol all you like but the fact remains that we are selling half of an asset for nothing.

    We already have the bond money, we already have cockatoo, why do we need WEG? Spreading the risk???? Does anyone seriously believe that giving away half of cockatoo to spread our risk is a credible idea? If cockatoo goes under we are finished. It won't matter if we own half of it or all of it. It's not as if we have the proceeds of our sale of 50% of cocka to fall back on.

    I would like to hear from Tony on this one...
 
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