I see POL have finally updated the website, now contains all the iron ore prospects and demonstrates the direction the company is taking to move to producer status!
www.polarismetals.com.au
"With a strategic alliance with Malaysian steel producer The Lion Group in place, Polaris provides investors with direct exposure to iron ore as a near term producer."
Pinched this map above from the website and added the resource and production tonnage targets for each project. Note these are the 2 more advanced projects, POL hold plenty of others with significant upside (see below)
Annual report out last week, worth a read.
http://www.polarismetals.com.au/upload/documents/AnnualReport30June07.pdf
Spin-off gold,nickel and base metals company "Southern Cross Goldfields Limited" due soon with in-specie distribution to POL holders.
With a market cap at around $75M, she's a good value leverage play to the booming iron ore market.
Keep her on the radar!
cheers.
review of operations, page-2
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