Makes a lot of sense. Would PLV need to pay Cliffs (for those who do not know they are a shareholder in PLV) or would it be a straight swap/agreement?
Whats your opinion on the DSO operation in terms of time to production? If enviro grant is to be secured by Marc 2012 as indicated earlier by the company, and infrastructure to a large degree is already in place re the Isthmus DSO, (not to be confused of course with the JTC beneficiation project)then are we looking at 2012 production from the Isthmus?
Lets face it, if Cliffs will be finished with Cockatoo Island by 2012 the machinery/equipment will still be warm by the time PLV step in and step up to Isthmus DSO production!
Is this excellent timing, right place right time...or more to the point a well thought out long term plan over a number of years to ensure DSO operation could be a low cost early money generator for PLV?
One more thing Pelm1...knowing not much about the enviro process, if PLV clearly demonstrate a smaller enviro footprint does that equate to an environmental application process that may be expediated due to the companys excellent environmental awareness?
PLV Price at posting:
69.8¢ Sentiment: None Disclosure: Held