Yeah Im still here shamall - apart from a bit of over exerburence on my part when the premature receiver notice happened last time I have never been anything other than an interested observer in PLV even though I did trade it a couple of times and made a few bucks - contrary to the ribbing I received on here I did have a few friends who were heavily over committed and in love with this stock as I also once was with CDU - Your on a hiding to nothing highlighting company short comings on a stock forum as you simply get labeled as a shorter or a downramper.
I genuinely feel sorry for the PLV faithfully who have taken a bath on this stock and that also includes Tony ( Showman ) who I believe did his best and was always trying to do the almost impossible in Australia and bring a junior explorer through to miner. IMO Cockatoo was an opportunistic last gasp attempt to salvage something from the Irvine PFS debacle but alas it seems Cliffs were the smart ones - How PLV are hoping to raise $80m on a project that Cliffs milked to the end and were happy to sell out to get their $20m bond back remains a mystery.
10 billion shares on issue is even beyond my wildest downside expectations . Its a train wreck no question !! will it survive ??? well If i were a holder I would rather go to the casino and bet on red or black as it seems better odds than taking up the current offer to me
PLV Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
