no announcement, page-9

elguido, I can understand your concerns - my holdings are underwater now.

However, Tony can not inform us of any outcome of negoiations until they are concluded either with a new holder or an spp.

Now any interested party/s had until yesterday to subscribe - "Pluton has agreed to a decision date with these entities to subscribe for shares by Friday 9th October to enable their due diligence to be completed."

So I would expect that we will see an announcement on Monday morning.

I would love to see a new corner shareholder come aboard who can provide all future funding up to production (similar to CXM) and at a premium to the present sp, but I'm also positive that Tony will not being issuing shares at a rate he thinks is discounted to future levels - for this reason I have every confidence in Tony's and the Boards decision.

If they do decide to go ahead with a spp, it will give us more time to drill and increase the resource, thereby increasing the value - all good imo.

I think that PLV is going to be the standout Fe stock of the next 6 months. The Fe sector is getting plenty of attention at the moment;

- UMC, potential takeover
- WRK, AGO takeover
- ROY, new major shareholder
- CXM, Chinese on board with huge investment
- FRS, new Chinese investment
- POL, takoever - 2 offers on the table

Everyway I look at it, PLV seems jut too cheap. Huge resource potential and no infrastructure issues.

PS. picked up some more under 60 on Friday.