Don't think PVM can go down to 30c.
MC = $150mln
Cash = $115mln
EV = $35mln.
And we have a resource of 4.5mln oz of gold with an attractive PFS result of 220k oz per annum at cash cost of $630USD per oz.
NPV = $600 million.
35-36c look like the base with big buy orders willing to step up.
Only need the sentiment to change slightly and PVM can make quick move.
Just like PIR from 50c to $1.30 in no time.
