Agree SuperTim, however many of us are sold on the company and a bit biased I must admit.
Why hang on for a couple of cents when you can put a buy in around 82 cents and hope someone meets it. When PFS is delivered it won't be sub $1 in my opinion.
So with May definitely being the release date of the PFS is isn't rocket science.
Of course this is the market and there are no guarantees it will be over $1.....but who here honestly thinks this wouldn't be at the very least around those levels?
Many of us...myself included, have called PLV wrong in 2011 so i'm the first to say that - but look whats on the agenda for May/June.
Theres a list as long as your arm.
I noticed MD spoke of a shiploader costing around $80 million as opposed to a 1 billion dollar port facility.
How much for a second hand one about 5 km away?........
Looking forward to the PFS and the company clearing a lot of the speculation by myself and others on the way the company will move forward.
And that includes Cliffs and how closely, if at all, they will be working with PLV to help them towards production.
PLV Price at posting:
74.3¢ Sentiment: None Disclosure: Held