Do we think that Dale has another plan in his back pocket to do a take over of a junior?, say CXO?
Why I ask the question is because CXO have an operating Process Plant and all the infastructure in place, yes they do have some issues with recovery but PLS also have the experience and metallurgy brains trust on thier side to get things sorted out.
Maybe CXO isnt a good fit, i'm not sure but from an investment point of view Dale and the BOD would have to be running the ruler over CXO or a small exploration company with good ground close the Pilgan and Ngungaju.
PLS have a solid BOD with some excellent people with good heads on thier shoulders so lets go for the ride and see what they come up with, me for one won't be selling at this low price.
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