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6.0¢ poz minerals limited

Ann: Appointment of Diamond Processing Plant Consultant, page-6

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116 Posts.

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11/03/18

21:38

Post #: 31675099
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Originally posted by john435 ↑

The appointment of Tom Reddicliffe for the planning, design and procurement of the processing plant equipment is a positive given his extensive background and experience at the Ellendale,Argyle and Merlin diamond deposits. I still think the broader market is blissfully asleep on the merits of POZ and Terrace 5 . Below is a screenshot collage from the recent presentation and if one uses some fairly conservative and modest quantities of diamonds produced and price assumptions eg 2 million carats x AUD$250/ct then we see:
2,000,000 cts x $250 = $500M......
yes that's correct a conservative estimate of $500 million as the grand prize against POZ's current MC of only $17.5M .That ought to give an indication why having a long term position in POZ is in my humble opinion a smart move. The amount using figures from their higher estimates is even more outstanding ....
3,000,000 cts x $300 = $900M !!!
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I didn't do much research on this company but it reminds me MUS, burnt a lot investors on this forum, one guy had lost all his&girlfriend's deposit.

To me digging jewel is of high risk business and not every company could become the next GEMFIELD.

ALL just my opinion.

POZ Price at posting: 9.6¢ Sentiment: None Disclosure: Not Held
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