SAS1 i too am exactly like you. I feel i have nothing more to add and a lot of other may feel the same as we have seen all the areas explored and discussed.
I think PLV was a bit of darling with investors thinking more the mums and dads than the instos and the collapse in SP and PFS has taken the shine of PLV. Prior to the PFS the types of announcements we have seen of late could bring about a 5c/10c jump per announcement.
I think the market/investors are now waiting on the MAJOR announcements and not willing to buy into general comments and hype. Only the official major announcements will be the true guide as in the past things haven’t exactly panned out as previously indicated.
I am glad to see that this was only the tranche payment for Timeone as one always must consider why wouldnt they try take the company over if they are going to stump up the capital to get this company mining. I am aware that management offer value regarding the relationship with the locals and government etc but once most boxes are ticked this is a real possibility.
Very happy to see management buying and one would hope this has been brought about by positive progress regarding Timeone coming onboard to supply the capital to establish the mine or providing the facilities to secure the funding time will tell.
My major focus will be seeing what agreement tranpires between management and Timeone come end of the year as per past guidance. Past that unless the market in general sees a massive up swing i am not holding out hope of a major rise in the SP until then - happy to wrong.
Good luck to all
PLV Price at posting:
26.1¢ Sentiment: None Disclosure: Held