"According to last quarter at 31 March, Plv only had $530,000 in the bank."
Pandev you need to look at the April sub holder announcement for the last tranche of cash that timeone put in to take them to 20%.
PLV have got plenty of cash to survive they just don't have enough cash to pay up the $20m bond to get Cockatoo infrastructure from cliffs.
To all the bleating hearts nice as the benevolent gesture to stump up 20c per share maybe if you have that much spare cash to p*@s up against the wall why not donate it to world vision.
If the retail punter's are expected to bail management out of this stuff up then they bloody well deserve to get it at 10c per share ( or less ) I posted this morning that this wasn't Tony's fault the Chinese shafted him but it was Tony who supposedly dumped the JTC in favour of these mercenaries so it shouldn't be up to the mums and dads who paid 78c in the SPP to save managements bacon now !
PLV Price at posting:
15.3¢ Sentiment: ST Buy Disclosure: Not Held