POL 4.62% 34.0¢ polymetals resources ltd

Ann: MAC: Strategic Investment in Polymetals Resources Limited, page-14

  1. 2,132 Posts.
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    This cycle my target for gold/silver ratio is approx. 52x ie. US$3000Au = US$57Ag (AU$86Ag @$0.67fx). Pol has sunk capital in infrastructure which is very advantageous but it's definitely a play on zinc not much in the way of silver as you're only getting 1mozpa Ag credits. There's a more leveraged silver play available on the asx where all costs are covered by lead with free 2.2mozpa silver credits trading at EV$15m.

    https://hotcopper.com.au/data/attachments/6203/6203036-ebf66cf8b5cfad89901e97fc5fe21b94.jpg

    https://hotcopper.com.au/data/attachments/6203/6203103-e8c35d425546ab75b2cd137683deadc7.jpg

    Last edited by BullishBearish: 28/05/24
 
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