RE: RE: RE: What's Next for PLE.....IMHO The Feb 15 NR announced the INTENT to complete a bridge loan. It made no mention of who was taking part or if they'd found anyone to make the loan. As far as I can tell no announcement has been made that such a financing has been completed so they still have no money.
Based on Guy's 7 year history of vague and not entirely true news releases, (remember the malin plant that has been operational since june 2010?), I won't be holding my breath. We won't know what's really happening until the 2011 annual report comes out at the end of April and the Q1 update comes out in late May.
The AGM is usually in June so there will probably be a vote on consolidation then.