Polo Resources Share Discussion Threads

[roomb] 22/12/2017 09:33

Spights, you whoop with joy and at the same time post a link to a BLK announcement pertaining to the fact that their funding and future is in serious question. Do you see any contradiction there at all?

[barnetpeter] 21/12/2017 22:13

even polo buying its own shares in the mkt would help

[verulamium] 21/12/2017 10:18

Obviously cashing in some of the investment and dishing out a dividend equal to today's share price might spark some interest. That's what the old polo would have done.

[glavey] 21/12/2017 05:42

....and what's the spread telling?

[888icb] 20/12/2017 23:33

NAV per share of 14.31p UP from 11.68p at June 2017 and you can buy that share for 4p!
The share is trading at less than 1/3 of its NAV which is a massive discount.
Perhaps these impressive results will spark some interest from a the market. Well done Mr Tang.

[barnetpeter] 20/12/2017 14:53

They are good...14p plus NAV. Bid above 4p which is the first time for a while. Plenty of stale bulls may sell so it may be a while until we get to 5p.

[chrisis33] 20/12/2017 14:44

results out here

[haroldthegreat] 20/12/2017 14:44

Shareprice doesn't reflect the net asset value.perhaps 2018 will see a rerating ? Tang gets a lot of criticism on the board that doesn't appear justified from these results.

[spights] 20/12/2017 14:00

Weatherly
1.2750
Change:
0.1250 (10.86%)
Volume:8,551,697
Delayed price:13:19:18

[spights] 16/12/2017 19:04

Weatherly

Not my post
Posted on iii
Thankyou

Kitumba
kbxc
Hi everyone. Here are some facts on the Kitumba project from Intrepid. It is an underground mine with a low estimated C1 of $3500 ton based on Intrepid's work. BUT we all know about BFS's so maybe assume $4000. That said it is a rich deposit at over 2% so maybe ok. Their estimation is a build cost of US$433M and LOM of 13 years based on 37K TPA. I would like to think that Weatherly could make some saving here based on their experience with SXEW and the safe mining project at CO. So potentially this gives Weatherly a total CU production of 60-80K PA for the next 10 years plus. Therefore once the Orion debt is sorted we could see a very very profitable company $150-200M PA. And share price 15-25p or a strong takeover target. Not to mention the Zambian exploration licence. So those nice folks at Orion obviously see the commercial end game of owning 25%! Sit tight my friends and you just may see the water turn into wine! A £1K stake now could be worth 20x that in 2-3 years. BTW the real strong point about this is the confidence that Orion has in the team!

[russman] 14/12/2017 10:43

oops Friday 22nd

[russman] 14/12/2017 10:42

Probably results by Friday 23rd.
No normal company reports in the last week of Dec.

[roomb] 14/12/2017 10:38

BLK - another trading halt. Something not quite right there.

[spights] 14/12/2017 07:42

.84
Hibiscus

[spights] 13/12/2017 16:48

Dear Maureen,

Thank you very much for your support and interest. Kindly be advised that the Annual Results for the year ended 30 June 2017 are due to be published this month. I will also send you an email once they are released.

Thank you for your patience.

Regards,

Kudzayi

[spights] 13/12/2017 14:48

Tang said he thought the elections would have a positive impact.

[spights] 13/12/2017 14:46

Not my post thanks to phulbari reGCM
The mood was generally more upbeat, predicated largely on the expectation that the partnership with China's CGGC will open doors and lead to project approval. But the chairman acknowledged that there was still a considerable challenge ahead and in response to a question he said they had yet to meet with Prime Minister Hasina who will have the ultimate say in the project. Gary Lye made a few important and positive points - that GCM was active on the ground with a guest house and local staff in Phulbari, and that coal from the proposed mine could be transported by rail or river to any of the projected coastline power stations at a cheaper price than importing. GCM had done the studies and local infrastructure would only need a little tweaking to make this possible. He also said coal was now part of the strategic planning of the GoB and that he did not anticipate that the forthcoming elections would necessarily slow the project approval process down. Tang said he thought

[spights] 13/12/2017 14:43

It want let me post the link
Go to GCM on iii. and read Phulbari’s post

[russman] 13/12/2017 10:58

do we expect the results on the 20th.

[spights] 13/12/2017 09:02

Weatherly up over 20%
Improving
Yehaaa