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.
PLV Price at posting:
50.9¢ Sentiment: None Disclosure: Held
