After selling the iron ore/coal company he built from scratch and netting himself $400m a few years ago, Mr Poli turned most of his focus to property investment and development.
Then, out of the blue, he puts half a million into PMY to fund the purchase of Sorby Hills when the rest of market is running scared.
Doesn't seem like the sort of move this sort of guy would make lightly, or with the intention of trying to make a quick trade on.
Tony Poli-backed Pacifico Resources
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