Ann: Chairmans Letter, page-10

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HotRods65

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26/02/18

16:15

Post #: 31352986
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Originally posted by john435 ↑

It's a good team with a viable quality project .I spent 3 days in Singapore last week and POZ's yellows came up in discussion with some of my acquaintances in the gem industry . Yellow diamonds were and are are highly sought after in Singapore and elsewhere in SE Asia not just for their rarity and beauty but also as investment grade stones.Since Ellendale closed most yellows have been sources from Sierra Leone and they aren't a patch on the yellows from Ellendale .The added benefit that POZ has is that it will be very easy for them to acquire Kimberley Process Certification without which diamonds cannot be transported across international boundaries,processed or marketed .A source of good quality yellows which are from a stable jurisdiction like Australia as opposed to "conflict stones" is eagerly awaited by those interested in rare coloured diamonds .I noticed on the tenement maps last night that POZ have another ace or two up their sleeve as well

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Welcome John, I'm also wondering if POZ can get their hands on Ellendale. There is a good bit of ground there that could be interesting to run the GPR over. I know the government was after expressions of interests but POZ had pegged it after the receivers released it so I'm wondering if this counts for anything.

POZ Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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Ann: Chairmans Letter, page-10

Top Stories

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees