POL polymetals resources ltd

Ann: Production underway at the Endeavor Silver Zinc Mine, page-16

  1. 1,068 Posts.
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    Great update from POL. Well done team.
    To reach restart /concentrate production in the timeframe that they'd previously advised the market and with such a relatively small budget is such a fantastic result.

    Love the photos provided in the update, especially the first photo that shows the extent of the footprint of the Endeavour mine. I have no reason to think that these guys can't deliver on the ramp up as well.

    As far as the SP goes, given the length of sideways movement experienced over a few months, it is of no surprise that we get a bit of sell the news retail selling going on. Many retail investors have high short term SP expectations so I do not view this churn as a negative. I think that if the POL team can continue to deliver through ramp up and commodity prices don't worsen, I would not be surprised to see a doubling in current SP by the Q2 report in Feb 26.
    Happy SH here
 
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