A few could argue the fact that value has been added since 2006 and 50 million later.
The counter argument to that is where is the value and where are the 'active' projects?
Some junior companies bread and butter is acquiring, drilling..then moving on to the next project....never ever earning a red hot cent for shareholders.
With Irvine going quiet. Cockatoo not even acquired or negotiated to completion to this point, and Tas assets in mothballs, it isn't a good look I agree.
It is diligent to question and be skeptical when a company changes direction without adequate and proper communication and disclosure.
PLV Price at posting:
15.3¢ Sentiment: None Disclosure: Held
