Polo Resources Limited (AIM: POL) is a globally focused natural resources and mine development investment company.
We select, acquire and manage substantial investments in companies and projects with strong value enhancement potential and attractive growth prospects, and utilise this ability to deliver value-adding returns.
The experienced management team that guides our strategic decisions specialises in the identification of under-valued investment opportunities - both listed and unlisted - that are either at an early stage in their operational development or have latent value that has yet to be realised.
Investment targets primarily fit into the category of companies with producing assets and/or reserves and resources that have been verified using internationally recognised reporting standards (such as NI 43-101).
Well financed, strategically experienced and backed by a core portfolio in the gold, oil & gas, coal, iron ore and phosphate sectors - large-scale investments include Blackham Resources Limited (total interest attributable to Polo: 8.11%), Nimini Holdings Limited (90%), Hibiscus Petroleum Berhad (9.90%), Regalis Petroleum Limited (13.67% ), GCM Resources Plc (27.8%), Universal Coal Resources Pte Ltd1, Ironstone Resources Limited (18.8% equity interest), Celamin Holdings NL (33.23% equity interest) and Weatherly International plc (5.2%) - Polo Resources is well poised to continue its development, to build upon its recent performance and to make further timely investments in a selection of value-adding natural resource opportunities.
1On May 31, 2016, Polo Resources Limited announced that its subsidiary, Polo Investments Limited, has entered into a secured S$5,000,000 nominal value 15 per cent redeemable convertible note (“Note”) with Universal Coal Resources Pte Ltd.