Can't see PLV raising capital anywhere near 40 cents with a resource that has since multiplied and is growing significantly beyond expectations... and total ownership of Irvine....and 1 year closer to production from the initial raising.
Different company.
Cap raising...or something more substantial resulting in $$$ to continue drilling and development operations might well be on the cards shortly..
By end of year we should see;
A 200MT plus resource at 66% Mayala deal signed
What does PLV do now though? Does it look to confirm 200MT target or does it re evaluate that target based on recent 150MT only half way through drilling and say lets hold off on doing any deal that may be premature or not in the best interests of shareholders.
PLV Price at posting:
42.3¢ Sentiment: None Disclosure: Held
