But if Ellendale is combined with the now defined Blina trap sites it becomes a considerably larger project obviously not on the scale of Argyle but still substantial. POZ has also built a portfolio of prospective ELs in the area aswell. There aren't a lots of projects out there if Rio is after another mine in Australia. Regardless it's going to be very interesting what happens with Ellendale hopefully it goes to POZ as POZ did peg it after the receivers released it.
POZ Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held