Increase mine life, decrease capex, Consumate cockatoo deal.... None actually confirmed. Furthermore EPA and Potentional increase in ore within cockatoo whilst great potential, that's all it is for the moment. Plenty of boxes being ticked though which is great but so were plenty of ticked boxes pre pfs and then the bombshell. Therefore no one really wants to buy or sell. Some short termers might have run this stock on the anticipation of pfs revision in jan and cockatoo deal being signed sealed and delivered but no show hence the gradual sell down. Whilst all of us Long termers are basing this on fundamentals there is also a lot basing it on chart action hence most know the range to be 21-31 and act accordingly. The next few months will be critical for plv. We should be critical of management because of the major erosion of wealth as the influence the share price with company performance. So when people state that management has no control of the sp I get a wee bit confused however now the question is are they still appropriate to finish what they started? In my mind yes.
I am not as heavily invested in plv but my experience in other specs like nxs has highlighted the difference between hope and reality.
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