WME west australian metals ltd

polo cornerstone investor, page-7

  1. 1,011 Posts.
    With the intervention by Polo, this is the news we have all been hoping for, being a "major" player enterring at a time when WME were an easy target.

    Upside is good for everyone who has held for a long time (read, me and my friends), as the return to the higher levels we experienced historically, now being a realistic target and, with a lot more left in the tank.

    As for Polo and BTV, there is no doubt that "cash is king" and opportunity is a wonderful thing. Their entry into the Convertible Notes and the Placement is already showing huge returns for their camps with an effective 100% gain as soon as the ink is dry (free options taken into account).

    My only hope is that the freebies and, the placement should be under an escrow ruling although, I cannot see either camps wanting to dump with the prospects that WME now have including, the new Board member.
 
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