Harmody Gold are in it for the copper .POL is lead, zinc and silver with gold on the agenda with the tailings. As said agreements in place for POL water to MAC and treatment of ore from MAC. Would think that HG considered this in their DD. With synergies in bulk buying of jointly buying inputs by the mines there, again HG would have considered. It may be that they can improve those synergies. POL with their housing and 2 year lease contract with 2 motels in town are protection proofing their employees. HG, with the deep mining expertise, is eventually going to translate to the other mines. I see this as a game changer for the whole area. Should HG eye off POL in the future, I would expect A$1 billion plus price tag.
POL Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
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