cleansing statement, page-36

Super Tim,

There are some other good downramping comments of his that you've missed out. I wonder if you are keeping them in store/reserve for the "JUST IN CASE" affair.

One of them that quickly comes to mind, is the one about us only having a market cap of around $54mill dollars and how we were going to raise the funds to proceed with Cockatoo I presume, and to expect further dilutions.

Well it appears that we are going ahead with Cockatoo, and we haven't issued any extra shares causing the dilution either. As a matter of facts, Timeone and/or their mates they are going to supply the money for us to proceed and start mining asap, and put the money upfront to fulfill the WA Government requirements of cleaning up the mess once it is all finished. None of that money will now have to come from PLV's Bank Account. None at all.

Most importantly, every share that PLV has been issued with, they are still at a hefty premium of our current sp.

Buddy