The issue here is not EIM management....or any other management...

The issue here is not EIM management....or any other management team outside of, or not associated to this investment.

It continues to be of concern that in even optimistic times, PLV cannot seem to get it right.
EIM have raised some concerns about this investment.
They did their due diligence after all didn't they?
It is their right to question it. As it is all shareholders right to question it.
It appears that they echo concerns voiced by other investors - it is in black and white;

"On Friday, directors were forced to acknowledge that they had not properly advised investors about the content of funding and joint venture agreements entered into earlier in the year. Today, they had to explain to the ASX why this had happened. A long history of having to backtrack on shoddily written earlier announcements has needed addressing for some time and it is good to see ASX tackle the company on points first raised by E.I.M. in May. Pluton Resources has a worthwhile project which should yet deliver attractive returns but, regrettably, these will likely come despite the people responsible for explaining what is happening."

Longer term investors have already witnessed due diligence issues here. That is not EIM's fault...or Tony Abbotts.