this year and pre-payments, page-2

Trying very careful not to include any TOU, triggers in this one LOL- Question for You Pelm.

The current negotiations seem to be being stifled by WEG - that could mean a dispute over their 50% - it could be about their marketing rights in the ASX release on the 23/12/11 PLV said Timeone had an offtake agreement for stage 4- Is this still legally enforceable ? I imagine this alone would be a problem for the " Nice " people if its is.

“Pluton has secured an Off-take Agreement with our strategic partner, Timeone Holdings, for 100% of Stage 4 production at a significant premium to reflect the quality of the ore. We are currently indiscussions with Timeone about funding the acquisition and the capital required for development of Stage 4, and will advise the market the outcome of these discussions when they have concluded.” he
said.