hope you are all set

Well it looks like the pressure is off. Unless EIM are selling it is looking pretty thin on the sell side now that cliffs have finished. Hope you have all averaged down and taken the amazing opportunity that has presented itself at 6c. Sad to see that one of the chicken little brigade was offloading from 5.5c.

Next we should have news on the gnr money and the timing of the drilling campaign. Nice to see we are delivering into the spot market. One ship at these prices must be nearly $2m profit to PLV. The other 2 ships are paying off presales and also delivering a profit. It's been a financially tight period but it looks like we are coming out the other side with no dilution. A pretty impressive performance that I'm sure has disappointed a few on here.

Fingers crossed that we get some smooth sailing ahead. We are certainly due a change of fortune. Mkt cap of $16 mill looks a little on the light side.