four months gone, more to come, page-2

Good considered post there Newmember and some valid points.

My take on things from afar is that all seems to be going well...albeit delayed.

Right company? For me yes. Think the comparative advantages are just too evident and obvious for this not to move sharply on further developments.

Share price whilst disappointing in 2011 has been heavily manipulated...and we are still seeing it. Buyers are there.

The SPP is an opportunity. Lets hope the small players get a chance to get their full holding as that is what I will be applying for at this stage at least. We saw the big end of town clean up at 57 cents last year, and imo it could be stated that an SPP back then to ALL shareholders 'and' then to sophisticated investors would have been a win/win. The fact we saw sell offs from them tells me that getting the big end of town on your register means diddly squat if they are going to take profits and hold the price down while they offload. Thats what happened. And once they have volume of shares folks they have positioning power to manipulate. Thats what we have seen for months now.

Not blaming the company for that as its biz fact of life perhaps but stating that perhaps the smaller end of town may have had less impact on manipulating what was, and still is, a company with minimal shares on issue.

That aside things looking very good. Still nothing on MOU negotiations, but the fact the PFS delay has involved the company looking at other methods perhaps is evidence enough that 'someone' is very interested perhaps in a particular product developed in a particular way.Thats positive imo.

The tests are excellent. The enviro applications sound good. The NTA, although delayed is in the bag as well.

All up shes looking good from this shareholders point of view.

And Newmember don't write off late 2012. The company has demonstrated early moves on the enviro front remember and they have the right people onboard regarding the application.
I get the feeling...and thats all it is...that PLV could move fast once the green light (no pun intended) is given to start digging.

Isthmus area/Cockatoo island infrastructure (if utilised) means so much is already there.

Big developments shortly........