The latest PP (2nd tranche) closed on Aug 4/09. With a 4 month holding period, that means it will take us to Dec 4/09 - over a month from now.

I doubt we will have to wait that long for a NR. It does not make sense to hold back material info.

If anything, it will be better to release a (GOOD!) NR sooner rather than later to hopefully prop up the shares to over 18c (ahhh.... remember those few good days near the AGM?....).

About a week before he left to Peru, i spoke to Guy and he said they have a few items to report on (i.e. NRs) but that the trip will help to close some end loops (that's what he had hoped).

I would think Guy should have few more days to work on some NR (to think that he will release NR right after he returned on Friday/Monday i think was a little hype - need time to corss the T and dot the i's).

Even if there was no final progress with Uchacha, the progress on listing is a good sign. If PLE were to offer share in the company to the locals, it will be good for them to have some means to trade them more easily. Bear in mind, i am not sure if that is what Guy intends to do (i.e. to give out shares - this is just speculation on my part).

In any case, as each day goes by without NR, expect some more downwards pressure.... If you've been in this play for so long - what's a few more days/weeks/months - (aka "soon") :)

Let Guy do his job - GLTA!