PLV 0.00% 1.2¢ pluton resources limited

If they need money by December they need to start the process...

  1. 120 Posts.


    If they need money by December they need to start the process now, it can take 6-8 weeks to complete, Tony must be in negotiations with different parties already.

    The sad reality is a cap. raising has to be done at discount to market, nobody is going to pay you 80c when you can buy the stock for 40c, and as far as to my knowledge there is no end user agreement being signed just as yet , Tony will be tapping the market for another 16mill. Around the 40c mark, the manipulators are in total control , Tony cant do a thing , they have tagged this one to the 40s , and we will have to wait till they are ready to move plv to the next stage , the rewards will come but it will take a lot longer then many think , and dont be surprised if the next time we go to market we raise at the same price , even though we are two years in from the first raise , and a massive resource means very little , the inner workings of the market are very strange
    Cheers
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