PLV pluton resources limited

Tim, I assume your post was in reply to mine. Thing is it doesnt...

  1. 1,895 Posts.
    Tim, I assume your post was in reply to mine. Thing is it doesnt matter whether its DSO or not, its all about the cash costs and $63t is profitable, but not cheap and obviously not what the market expected.

    There are other near term producers which have a lower cash cost - so mining boom or not, at this stage PLV cash costs are higher.

    I would say that management have a hard task in putting a deal together with the JTC at a high price ( above the recent SPP).

    I have faith in PLVs management and Tony in particular and am interested to see how he gets on.
 
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