PLV 0.00% 1.2¢ pluton resources limited

what else??, page-35

  1. 10,195 Posts.
    lightbulb Created with Sketch. 370
    I've been a sh in PLV for about 5-6 years and dragged my relatives in to the stock as well because the early years seemed very promising and the then CEO seemed to be enthusiastic, open and a breath of fresh air as far as CEO's were concerned. In the last few years though I did become sceptical of PLV being able to pull off such a project with dealines being consistently missed, I've averaged down several times and now sit at around 39c. Today my thoughts are why would any potential customer (JV or not) be interested at all when the major players can supply IO on time, at a known cost, and possibly getting cheaper? Bigger players are expanding their reserves/ mining creating a possible glut in years to come. A lot of other smaller players are also being squeezed out based on the same premise. Maybe it's time to give up on this stock and move on as someone suggested in reply a few days ago! Whether you're positive or negative the truth lies somewhere in between. My opinion only.
 
watchlist Created with Sketch. Add PLV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.