For those interested, I think it's worth taking a listen to MACs...

For those interested, I think it's worth taking a listen to MACs MD, who also discusses the POL deal and why it was done.
Gold Forum Americas - MAC
From around the 13m mark onwards I think.

Have to say, the copper mine they bought has some incredible grades.....

So interesting to learn about the 2 zinc/lead deposits they plan to feed into the Endeavor plant. 10-12%!

MAC did not rule out corporate action, but the $5m spent on POL to date was... at 0.3 NAV (or... in his words, a bargain).

A shame he did not go further into what the deal might entail with POL, but... if POL have around 300ktpa of free throughput... will MAC fill that? Could be incredibly lucrative and.... not at all factored into any forward production and FCF models?

Interested in hearing your thoughts @Joelstar -
Btw - I do really like AMI too, but am capital poor, so... for better or worse, POL has great upside (and risk).