I read with interest your opinion that Pluton should potentially be valued at at least $1B in a bear mkt (US recession, etc) and upwards of $2B otherwise, based on Irvine alone (please correct me if I have misquoted you).
You correctly qualify these remarks by indicating that we need to find the tonnage at Irvine, herein lies my question - what would an economic resource (ballpark) come in at for PLV to proceed with the planned mining of Irvine? I guess I am trying to determine the likelihood that the identification of a relatively small resource (albeit unlikely) would still be mined to deliver an income stream to fund further exploration, etc -particularly given the low costs associated with this project as a result of surrounding infrastructure, proximity to Asia, etc.
Further, should the tonnes be there, does the Board have a preferred means of financing this and future projects?
As always, thanks again.
Jimmy.
PLV Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
