It seems that Cockatoo is the straw that is breaking the camels back. IMO
once heralded as the way forward for PLV to get into production faster and consolidate the Kimberly iron ore hub, now it could/is putting in jepody the company and its shareholders. IMO
Irony sucks.
I raise the question again, who wants an EGM? A face to face with the directors is called for dont you think?
At this stage, anything short of debt funding i would imagine require an EGM anyway.
They cant capital raise (at these prices at least) the $'s required, they cant sell more than 5% of any PLV asset to raise the capital without and EGM, the directors IMO are coming up short.
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It seems that Cockatoo is the straw that is breaking the camels...
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