update, page-4

Roadkillgourmet

Its a good guide nevertheless. And its from a reputable source, with clear assumptions and tables for all to see.
Would be interesting to see whether PLV management would disagree with the report assumptions and valuations?

That way we could settle it very quickly ;)

Tony if you recall has spoken before about wanting this company in the $$$ regions so perhaps he might very well agree with them as well!...but of course I cannot speak for him and how he sees the company at this point.

The recent Investec valuation is more than double current levels at $1.20 + as well.

Add to that other IO companies with MC's many multiples, arguably nowhere near production like PLV is, or with the low cost production profile of PLV and I don't think we can brush off those types of valuations at all.

Some here say PLV will reach $10. I don't. I look to what the 'experts'are saying; the people who have analysed the operation, visited the island, spoken to the company and know the sector and done the math.
Intersuisse from memory were somewhere in the range of $2.20 - $2.80 dependent on the production rates.

I think the $2.80 will be seen as conservative once resource is fully delineated....

And whilst we certainly are in the beginning stages of moving towards becoming an IO producer, we are in fact well on track to that inevitable outcome.

Personally VERY comfortable with the way management are going and what they are achieving....so much so in fact that a few friends of mine are being 'reminded' to have a look at this company NOW.

If I did recommend buys on companies..AND I DON"T....i'd point to any number of alignments coming up in the weeks/months to April/May and strongly suggest looking a bit closer.....

November 23 2010 PLV shareprice 60.5 write it down and revisit in 6 months.

Failing a GFC or global meltdown i'm guessing the 20 cent possibility you refer to may have a $1 or $2 in front of it ;)

Oh to be a fly on the wall at PLV at the moment!