If true that peeves me off to no end.... would reek of the UMC days when one one day Ocean equities suggesting how well under valued the stock was at $1.00 and sugesting a price over $2.00 then in comes the bid at $1.30 from BHP and suggesting that this was a fantastic outcome, IMO the only thing that was fantastic was the backflip by OE and UMC management, perhaps if like UMC management if i had purchased a heap at 35c and had out of money options included in the BHP deal I too would not give a hoot about the rest of UMC shareholders....IMO 2 main things that held UMC back here was the management and access to market, IMO PLV do not have these 2 issues.
Now back to PLV with intersussie suggesting a NPV of $2.85 with the current resource 90c would seem low as PLV have access to the market without the need of mine gate sales or third parties.
Cheers,
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