PLV 0.00% 1.2¢ pluton resources limited

what could be the sp on re-listing?, page-24

  1. 262 Posts.
    weststiger1, I think you are right (in part), some shareholders will clearly be sick of their money being locked up or have a bad taste in their mouth. These guys will bail first chance they get. However, PLV has many long-term holders who can see that this company is at a turning point. Those guys, will not be selling. With any luck, the media attention over the upgraded JORC resource, the completion of the Cockatoo deal and PLV commencing mining in October will be enough to lure in some new investors. Once the deal goes through, PLV is significantly derisked as it will have a medium (possibly long-term) income stream from Cockatoo* - this is unlikely to see PLVs share price decline.

    *I say possibly long-term because the Cockatoo ore continues at depth and the JORC resource is likely to increase with further exploration.
 
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