PLV pluton resources limited

Phantom i completely agree and expect no real clarity moving...

  1. 392 Posts.
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    Phantom i completely agree and expect no real clarity moving forward or a completed change without warning. We get drip feed little bits and pieces and then that all changes and we get drip feed something else so on and so on.

    Since the induction of WEG things have become very confusing and unclear. This seems to be increasing as we go on. Could it be that management have very little control over what is going on so they arent sure themselves and therefore cant advise the market due to the unpredictability behind the scenes? Therefore keep it vague to give so moving space when things change overnight?

    My biggest concerns are:

    Can PLV actually meet output guidance and how far behind are we right now versus what was advised;

    Why Cockatoo hasnt been drilled over the last 4 months. When will it commence and how certain is that;

    The supposed seawall scenario. Been made to sound simple but given Irvine went from $350m to $700m, DSO disappeared, Irvine has dropped out of view its fair to say PLV have been poor at resource guidance/costs. I really hope this hasnt been simplified in which we see costs sky rocket and feasibility dip. I guess what I am saying is I would be surprised if the whole seawall scenario to a turn for the worse!

    Very very dubious about this stock, management and our partners.

    Thinking another extension might be due as the clock ticks away to Friday with no news.

 
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