I totally agree Novac, POZ certainly has come a long way in under 12 months. In fact the biggest handicap has been the fact that POZ only listed on 1/7/2008 and drilling only got under way mid September.
Not only has drilling commenced 4½ months earlier, but we now have 2 drill rigs operating. That translates to one drill rig operating for an additional 9 months this season.
Metallurgical results are due in under 3 weeks and I'm quietly confident that the results will help Highland Plains gain recognition as one of the best P2O5 deposits in Australia. Indeed, a re-rating of POZ would not come as a surprise.
I'm sure that the market will soon be asking how did this little beauty slip under the radar.
As a shareholder, I'm more than happy to hold and commend the directors for their down to earth reporting and the brilliant progress to-date.
POZ Price at posting:
25.4¢ Sentiment: Buy Disclosure: Held