You state: Can you explain in detail what these series of commitments magagement failed to deliver?
1. PFS complete by end of March 2011. FAIL
2. Native Title Mining Agreement ratification in March 2011. FAIL
3. Referral of the Irvine Island Project to the EPA at the end of March/early April 2011. -I'll eat my socks if they get the referral out this week.
And missing these targets has had knock on effects on other targets, namely: a. Finalise an agreement with the JTC, which may potentially bring in much needed funding with cash now running out.
b. Commence the detailed feasibility study.
c. Granting of the Mining Lease.
You state: I personaly don't rely on "Expected" timeframes in my research.
Rose coloured glasses, hey SJKWS? Well unfortunately for the rest of us PLV shareholders the rest of the market doesn't think in such an eccentric manner as you and the share price gets hammered and drops 35% to 45%. When the company is fast running out of cash and the only source of income is going cap in hand to the market, you can't flounder and continuously miss targets.
This forum is about PLV and not about me, so I won't address your other irrelevant points.
PLV Price at posting:
79.7¢ Sentiment: Hold Disclosure: Held