""The immediate driver of the S/P is market perception and the ability of management to meet time-lines. They got the PFS hopelessly wrong and market perception of management has been severely damaged.
The 30% dilution at the fire sale price of 35c would not have happened if not for the PFS debacle.""
AKA,
If we are to remove the word PFS where it appears and replace it with the word JORC, what would that remind you of..??
And yet whoever you will come up with after inserting the JORC word, the sp of that company has moved upward all the same. It is stagnant now, but, nevertheless, it still moved up after all of that.
So, why can't we believe that the same will happen here ?? I am very confident that it will. Especially if we are to get that Cockatoo deal up and running. If we will, IMO we would be off to the races. DYOR.
Cheers.
PLV Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held
