POL 7.43% 81.0¢ polymetals resources ltd

This is one of the interviews where David talks of taking on...

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  1. 480 Posts.
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    This is one of the interviews where David talks of taking on other projects soon after initial cashflow - near the end. It just sounds like he's passionate about growing this company himself.

    On another note, I just ran through the Polymetals Poractive interviews from approximately a year ago until recently and it is remarkable the consistent progress this company has made. Back then David was talking about the project with an NPV of $200m. He explains what the company needs to do next and what their aims are and then each successive interview (they're not very far apart) the company has achieved the next step of the plan. Finding new ore in the existing mine, postpone the payment of the bond 2 years, increase the NPV, search for Silver in the upper north lode. Tick, tick, tick, tick. Now the NPV is $414m with real scope to improve that number healthily. The naughty intercepts today won't hurt especially as it will be early mine-life cashflow

    The next thing he seems to be talking about is the carpark and the deep zinc lode, so lets see if they can continue the recent form and deliver on those.
 
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