takeover, page-4

BB- unlike say (dare I mention the name) Bendigo, PSV is a cash flow & production positive story and that is totally different to BDG woes where there has been an overstatement of unmined potential for years! PSV might be tight $$ wise for next year if production was to fall but there's no shortage of producers who need to buy fwd production. So this is too cheap right now. G'tee you a major or mid tier mob is buying PSV right now. It's the same reason bigger boys like KCN were sniffing the likes of smaller Vic gold plays (GDR) last year. DYOR - in Vic liking MCO, in WA love BCI (iron play). Put your volatility boots on.........