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Pete,

The glass is well above half here and having these deals done means that we can move positively into the next phase and the holders can start thinking about making some money.

Noone is going to disagree that it's been a mess but look forward not back.

Buying Cockatoo and getting a cash flow will prove a master stroke especially if the resource can be proved up...and thats not even talking about the infrastructure benefits for Irvine.

In my view, Irvine is still a jewell and one that will prove a great investment for PLV but it will (obviously) still take some time.

Pent up demand to sell will no doubt cause some ST SP pain but such is life....it might mean some good buying opportunities for those who are cashed up....I've been in this stock for over 4 years now and am in for the long term.

MMartin made some very good points earlier.

Tony's gone (the king is dead) Brett's in the chair (long live the king)!

GLTA.

Cheers,
Snagger