I think JR is about to deliver for POZ like he did on UMC it's just taken a few years to get the right project.
"Prior to the ASX listing of POZ Minerals, Mr Richards was the chief executive officer and director of United Minerals Corporation NL (UMC). At UMC, Mr Richards led the technical team that discovered the high grade iron ‘Railway Deposit’ in the Pilbara. BHP Billiton acquired the Railway Deposit in February 2010 by a take-over of UMC for AUD$204 million."
I wouldn't be surprised if a major came after the diamond project, given the projects past history and POZ' success with the latest ground penetrating radar tech. Rio Tinto and De Beers have both worked the project, but failed to find areas of highest concentrations due to older ground penetrating radar systems not up to the job.
POZ Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held