Polo Resources Share Discussion Threads

[888icb] 13/10/2016 08:29

Nice to see Polo at Number 7 on the leader board currently up 7.2%. We need Polo to get on investors radars so they realise how cheap this share is and the potential upside as the good news keeps flowing.

[philjeans] 13/10/2016 08:08

I like the sound of this - they've got it very cheaply indeed!

[paleje] 13/10/2016 07:58

They sound happy about it. Regarding the share price softening, was it related to the gold price weakness of late perhaps, BLK were down too well under their placing price but it's temporary hopefully.

“We look forward to working with Petronas Carigali and PETRONAS and strengthening existing relationships there. This is a significant milestone for Hibiscus Petroleum. When we created Hibiscus Petroleum, this was our goal, to invest in Malaysia and to apply our knowledge and experience to create value in our own backyard. I firmly believe that this acquisition will result in long term value for the Company and its shareholders, PETRONAS, Sabah and the nation as a whole.”

[spights] 13/10/2016 07:55

On iii. Hisbicus worth. 2p per share
in profit on all purchases of Hisbicus

[888icb] 13/10/2016 07:47

RNS Investment update on Hibiscus regarding the purchase of Malaysian oil assets from Shell. Another Polo investment that has been progressing well recently.

[spights] 13/10/2016 04:25

www.businessnews.com.au/article/Blackham-just-days-away-from-pouring-first-gold-bar

[luckymouse] 12/10/2016 18:30

nav climbing again

[spights] 12/10/2016 08:57

Yehaaaaaaaaaaaaaa

[888icb] 12/10/2016 07:45

Blackham is now producing Gold. A landmark day!

[sh0wmethemoney] 12/10/2016 00:14

Blk newshttp://www.asx.com.au/asxpdf/20161012/pdf/43bxgh2mf9rjdj.pdf

[888icb] 11/10/2016 22:15

RNS Price monitoring extension at the close of trading. Not sure if this has any significance?

[roomb] 10/10/2016 15:45

Yes, everything sent out by Ironstone is completely unbiased...

[spights] 10/10/2016 10:59

hxxp://www.ironstoneresources.com/dri

[spights] 10/10/2016 10:56

hxxp://www.ironstoneresources.com/production/

[spights] 10/10/2016 10:53

This was a reply from Ironstone 2012
Hello Maureen,

At present, the R&D work is being funded exclusively by Ironstone. However, the federal government in Canada reimburses a portion of our R&D dollars as part of a government initiative to encourage development.

We are currently working with Hatch on determining what/how the process will be patented. The arrangement with Hatch is that the intellectual property, patent management, and future licensing revenues will be split on a 50/50 basis. There is tremendous potential financial benefit to Ironstone through the patents and licensing, as there are many ore deposits in the world that could benefit from its use. For example - one Chinese steel company is watching Ironstone's development solely for the process intellectual property.

Best regards,

David Thiessen

[spights] 10/10/2016 10:48

Roomb I always try to be helpful
I post personal e mails from the companies in Polo portfolio to assist you all

[spights] 10/10/2016 10:45

My communication with Ironstone
Their confirmed Resources N43- 101
and patent
Safe country and excellent management
Valuation I am in for the long term
A lot more than Tang paid

[roomb] 10/10/2016 10:21

You won't get that from Spights ChevalierdAven, because she hasn't worked it out. Spights relies on pure optimism.

[chevalierdaven] 10/10/2016 08:42

spights, why is Ironstone the "star" of this company?

You seem to have so much love for this project.

We own 20% of it. It was written off of 6m $ was about 11m$, valo of company post right issue july $55m cad, it represents about GBPp 1 per share.

I would like to know your scenario, your assumptions, your thought process, your valuation method on Ironstone path to value creation for us.

Many thanks

[acamas] 08/10/2016 08:50

Well done keep them on their toes

[spights] 07/10/2016 22:03

Response from my e mail

[888icb] 06/10/2016 13:28

Cfb2
I wasn't suggesting you were aware of specific information but was enquiring about the sort of information they may have but decide not to disclose to shareholders. Clearly Polo are just investors in the other companies in their portfolio and may not be at liberty to disclose commercially sensitive info even if they know it. Further it would not be helpful from a commercial point of view to discuss their detailed strategy on most investments.
I think the agm is held out of the U.K. for tax reasons so that Polo is not subject to UK tax. I agree they could go for Paris!