Timeone need extra time to get $20 million?That sort of money...

Timeone need extra time to get $20 million?

That sort of money can be raised by instituions in a matter of days - even in this market.

What is it about PLV that smells? Has the market lost faith in management or the project?

Look at WDR who are sitting pretty at $150 million market cap with 20 million tonnes of 58% Fe DSO.

I can only conclude that the distinct lack fo DSO at Irvine is holding the valuation down - the market is simply valuating the prject as another magnetite benefication project which is boardline viable if Fe prices drop.