Short Term Trading Week Starting: 26th Feb, page-152

Some of you know of my dabbling in gems and jewellry design which was rekindled with the focus on pegmatites with the lithium boom. Last week a conversation with acquaintances from the gem industry in Singapore led me to do some further homework on POZ and their diamond leases adjacent to the old Ellendale Mine . They were of the opinion that POZ were pretty much a sure bet to find a large quantity of the famous "Ellendale Yellows" and the point they kept ramming home was what a simple operation it will be in terms of mining because what they are targeting is shallow alluvials .Since I got back home on Saturday I have spent some time on mapping and researching the area . Below is the first of a series of map I am working on. What I am seeing leads me to think the MD  is a pretty astute operator .POZ have put their foot on the throat of the best ground for alluvials originating from the Ellendale pipe and I also noticed they have a few applications in for ground adjacent to the Argyle mine as well !
POZ have a much larger tenement footprint than their company presentations show .The map on the right is from a recent POZ presentation ,the one on the right is my work.I see POZ as a three to six month hold likely to offer a very attractive reward once they start mining in a few months time .They have about 5 granted mining leases and  have a good working relationship with the local native title holders .