I doubt you have missed any boat madmoney, POL is at very early stage of significant re-rating IMHO.
I have been holding/following POL for over 12months, and i strongly believe we are just starting to warm up. Just take a look a the projects, agressive exploration, 2 pre-feasiblity studies to be completed 2ndQrt 2008 on up to 12.5mtpa operation, high quality manaagement, malyasian steel makers "Lion group" hold 19% strategic ownership (have expressed interest in offtake).
Find me another Iron Ore company with a market cap of approx $80million with more potential.
POLO good value too.
cheers.
P.S. russel/mightandpower....you got ya 50mt+ intersections ;-)
yilgarn iron ore project ann..90m intersection, page-10
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Last
27.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $53.28M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $24.85K | 91.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 36571 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| POL (ASX) Chart |