Polo Resources Share Discussion Threads

[philjeans] 05/11/2019 09:26

ACTION STATIONS!!

[jamesss1] 02/11/2019 18:11

We are up over 3p wahoooooooo

[ceaserxzy] 18/10/2019 09:17

The flip side is a 10% gold price rise has led gpm up by more than 100%. SO it is a geared play on gold price.

Sorry posted on wrong board by mistake.

[shawzie] 18/10/2019 09:14

October 7, 2019
Hibiscus Petroleum said today that its IT system was “subjected to an attack” last week.
The Malaysian firm said the affected parts of the system were isolated and partially shut down.
Hibiscus said the system was gradually being restored and that production operations had not been impacted.
The company made the announcement on the Malaysian stock exchange this morning.
Hibiscus and Malaysian counterpart Ping Petroleum have a joint venture which operates the Anasuria cluster of fields in the UK North Sea.

[shawzie] 18/10/2019 09:05

Well, well. Is something happening at Polo?
I could not buy first thing this morning.

[barnetpeter] 14/10/2019 21:19

Polo...I sold most of mine when it spiked over 4.5p. Still got a small amount. One bad investment even though I bought a load at around 2p at one stage. Fees paid to Tang are crazy. Amazing losses over the last few years. Talk about buying a bunch of losers. That took real skill

[next time lucky 19] 14/10/2019 19:31

No news do not expect a fast result.

[jamesss1] 14/10/2019 14:28

Anyone know of any updates on GCM?I am not wasting my time on that board.

[behuge3] 25/9/2019 09:04

I i know that but let´s hope they were not all together at the same school....

[alpal2] 25/9/2019 09:00

jim Mellon got out of Polo together with Dattels in about 2013.
But it's a sad commentary on big business taking the cash and leaving taxpayers [you and me!] to pick up the pieces.

[behuge3] 25/9/2019 07:52

Is this really how business goes....

[icb888] 24/9/2019 21:33

All 5 trades for a total volume of 372000 are showing as sells but we ended up on the day.

[behuge2] 24/9/2019 14:53

A transaction showing as a sell of 320´000 shares at 2.946 this morning....someone has enough of this

[behuge2] 23/9/2019 17:02

Alpal2 agree on all the line unfortunately for shareholders

[next time lucky 19] 23/9/2019 13:03

Well it has taken a further 5 months to reach yet again a judgement BUT only in part. No enforcement order thus the only tactic is to apply for liquidation of TMS, its only asset could be the stake in the project. Looking to be another sorry tale of no money in the end like the gold fiasco.

[xow98] 23/9/2019 08:17

Celamin has advised that the company has received confirmation that the Court of Cassation in Tunis has rejected the TMS appeal challenging the orders issued by the Court of Appeal of Tunis on 2 April 2019(1) .

The decision of the Court of Cassation is the final stage of the legal actions taken to recover Celamin's interest in the Chaketma Phosphate Project ("Chaketma") following the illegal transfer by TMS. There are no other possible legal challenges open to TMS.

As at 23 September 2019, TMS owes Celamin approximately US$4.4m (A$6.5m) in accrued damages in addition to the return of its interest in Chaketma.

Celamin will pursue all measures to ensure compliance by TMS with the orders to return its interest in Chaketma and secure payment of damages. The company has already commenced several initiatives in this regard.

Commenting on this matter, the managing director of Celamin, Mr Simon Eley stated, "This latest decision further vindicates our confidence and belief in Tunisia as a solid destination for investment by foreign companies. We look forward to getting back on the ground."

[willbehuge] 19/9/2019 19:32

Of course the market expects a no deal on GCM otherwise share price will be much, much, much higher..

[shawzie] 19/9/2019 19:20

Perhaps the market expects a no-deal GCM and it is priced into Polo share price
A buy price around 2p would encourage me to increase my investment in Polo.

[bebehuge] 17/9/2019 19:53

That is purely your own opinion and doesn´t mean it is an incorrect statement. Let`s wait and see who is right or wrong...for now share price of polo do not align/reflect or take into account hibiscus share price but is more based on GCM share price and their chance of success...