PLV 0.00% 1.2¢ pluton resources limited

Ff0605 mate seriously iron can rise to 200aud and plv will not...

  1. 10,464 Posts.
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    Ff0605 mate seriously iron can rise to 200aud and plv will not benefit. Because there are 9 billion shares. At 1 cent this company will be worth 90 million. Now honestly do you seriously believe that shareholders will c this company have the capacity to earn 90 mil? Has anyone heard of another company having 9 bil shares let alone a junior? Plv has technically blown 80 million (conservatively) through poor management. That is the bottom line. It is 3 x the mc. All these periods of sales and production seemed at losses. Who would agree to such agreements? The entire board should be sacked and legally pursued for terrible governance. They had to know as directors at what the financial state of the company was. The last cr clearly indicated they hadn't and considering this company had been producing for almost a years with quarterly's not indicating this issue let alone the last financial report preceding. Seriously I have min skin in the game but you guys with massive stakes should explore legal action. It all started with 20 mil. How did it get to this after cr and other private placements?
 
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