new broker report values plv @ $ 2.82, page-27

interesting numbers coming out of this report. provided we get to mine the up side value in the SP is conservatively north of $2.

interestingly the $2.82 base valuation is based on 226M shares on issue.

i note that the report refers to plv seeking binding offers from potential customers (by 30th sept) to assist with the development of the Irvine Island resource and that the board will review those offers the week after - so we might get some ann on the funding model moving forward sooner rather than later!