I must say I have enjoyed the last few weeks on PLV. Whilst I...

I must say I have enjoyed the last few weeks on PLV. Whilst I feel for shareholders on the big drop in shareprice, I do feel that the PFS was well and truely misunderstood.

I have followed PLV for many years, but only been a trader and not a dedicated shareholder.

At the end of the day, two very large things stand out on the risk vs reward equation.

1. NPV of $3.40 a share fully diluted on stage 1 only.
2. IRR of 38%.

These two details cut through all the noise IMHO. It basically shows two very important things. The project is VERY economic, and value is at a share price much higher than we see today.

I have enjoyed loading up for an average price around 26c (which is now about 22c after some trading). I am hopeful Tony delivers on some good news about a partner for the project shortly, and based on the PFS, I don't see any reason why he cant.