Mat Gill is a fantastic pickup for POL. This assets potential is totally being missed by the market. Around 8 million in cash with the need for further Dilution likely limited now that debt funding is clearly the preferred option for re-cap. Mine optimisation study to be released within six weeks will improve upon the already ridiculously profitable project metrics (90% IRR or 150% IRR at current spot).
IMHO this has some serious near-term bagger potential!
POL Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
