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6.0¢ poz minerals limited

You will have to wait and find out. I'd say the hsve a real shot...

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rastus64

7,826 Posts.

67

05/09/18

09:29

Post #: 35420805
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Originally posted by Beard_of_Zeus ↑

I think these CR squawkings are just a distraction. To me, the real issue, is whether POZ can operate the Ellendale mine profitably.

Poz bid for Ellendale in the news;

https://www.businessnews.com.au/article/POZ-to-bid-for-Ellendale-diamond-mine
https://www.diamonds.net/news/NewsItem.aspx?ArticleID=62744
http://www.miningweekly.com/article/poz-to-bid-for-ellendale-mine-2018-09-04/rep_id:3650

"Meanwhile, POZ is in talks with retailers in Australia and abroad for similar offtake agreements and branding of yellow diamonds from the Blina mine."

"POZ is still in a testing phase at Blina and is looking for investors, or to partner with “an experienced mining company,” before production can proceed."

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You will have to wait and find out. I'd say the hsve a real shot at this if they can get the cash.

POZ Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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