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0.00% 1.2¢ pluton resources limited

Question, page-74

  1. macca101
    68 Posts.
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    23/07/14
    12:56
    Post #: 13702036
    It's got me baffled how you can concude they could ever make money out of Cockatoo. From what I can see even if WEG had of been paying their share PLV would still have been facing a huge loss. They are $50M in debt despite mining the easiest stuff first, with high ore prices!
    It all goes back to why would Cliffs get rid of a profitable mine?
    PLV Price at posting: 3.4¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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