There is definitely merit behind the Eilliot Wave:Wikki link...

There is definitely merit behind the Eilliot Wave:

Wikki link here

But on the other side of the coin is the fundamental question of what is the company worth with its resource and affiliations with the Chinese?

I remember seeing the EW by Yabbie at 4c (correct me if wrong mate), not sure if PLV will be worth 4c when considering the FA side, IMO it would be closer to 20c rock bottom. Then you would have to factor in the Hardstaff expansion and the Cockatoo synergies for mining, hard equation to work out currently.

CK