chart, page-50

Unfortunately no interest in this stock. Add to that low liquidity and not enough buyers are steeping up to the plate. The question is why not? Well do we blame investors in having lost faith in the potential for plv to deliver? Yes we have purchased cockatoo but we have still not shown the market we can deliver the ore to the purchaser. Plv is not given any grace for potential. It will be re-rated on fact. Once plv get its first few shipments delivered according to plan, interest will be kindled. It will be stimulated further if anticipated reserves are confirmed providing growth and prolonged benefit at cockatoo. Cockatoo needs to provide Momentum in profits until we reach Irvine as Irvine itself is too far away for a lot of instos and brokers to trust plv on delivering for the moment. I would say at least the 1st shipment if not dec would be required to start the ascent up. The question is how far down is the SP going to be before a prolonged recovery? Keep in mind as quick as it has gone down, plv can rise just as quickly due to the low volume in shares on the registry. Thankfully management has not diluted this stock.