Originally posted by HotRods65
I think your on the money BoZ, could even be a new investor picking up some cheaper than JR is prepared to raise at.
Ellendale result will be announce early in the new year, nothing to stop rumour getting out though but still a bit early for Ellendale.
I think EOI is still open till end of November. POZ has put it front and centre they are applying and they are well positioned, it's just a matter of if a bigger player in the diamond mining space decides to take an interest in the project. But POZ will tick a lot of boxes and their submission will be very competitive. It's really a win/win for POZ though, win if they get it, win if a major moves in next door as it suddenly makes investors have a look at little undervalued POZ due to nearology and the same fancy yellows etc etc. And the high likelyhood of POZ being takenover by whoever gets Ellendale if POZ doesn't.
Blina had a mcap over 100mill with the same ground and similar plant(POZ's plant will be better imo with the twin sortex) I'd say POZ are in a lot better space than Blina were(just not reflected in the sp), POZ has high grade trap sites defined by GPR ready to test and extensive new areas of untested gravels discovered. It's just a bit disappointing approvals have taken so long and as a result the shareprice has stagnated with the long wait.