POL 18.5% 80.0¢ polymetals resources ltd

polaris updates yilgarn resource base.., page-23

  1. 10 Posts.
    Atma
    With regards to BCI, I was merely attempting to get some $/t valuation onto the POL resource base, there would have been a number of other companies that would have provided useful comparisons - though like you suggest it is not fair to make such comparisons simply on market cap and resource tonnes alone.

    For the record it looks like POL does have excellent access to infrastructure with the known resources being only about 50-60km from a public railway line and they have negotiated access to PMM's haul road. Its hard to say for certain but the environmental issues for CIDs can be as great as for the BIFs. The Carina deposit looks to be quite deep in extent so should have a smaller enviro footprint compared with the CIDs.

    getafix
 
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