Nice summary satori, about it in the nutshell. It was...

Nice summary satori, about it in the nutshell.

It was interesting to read the adjacent island (cockatoo Island) ceasing mining ending 2011.

IMO a big plus++ the Key

It is possible/likely that PLV will use the Infrastructure on cockatoo, and use barges to transport the ore from Irvine to cockatoo, just a stones throw, perhaps double handing the ore is not the most economical cost solution however.
The Infrastructure is there and i would expect that it would be handed to PLV at no cost as they would then be responsible for the de-commissioning of it once it's no longer required, IMO a fair trade off.
The proposal to use existing infrastructure in a bid to gain enviromental approval would be a plus and a key IMO.
Irvine island is not landlocked such as the likes of many of the other Iron Ore juniors in the Pilbara and the transportation of the ore by barge be easier to arange than getting access to BHP, RIO of FMG rail lines.

IMO one ends and one comes on line.
What has been stated:
Cockatoo ending late 2011.
Irvine Island starting 2012.

and this little iron ore company is one of the closest to the Asian Steel mills :)

Folks i believe we are on our way to becomming a producer in 2012/2013 and Tony has what it takes to get us there.

IMO PLV one that will evolve from explorer to producer and it's great to be on one of these companies.

Cheers and happy holdings.