Polo Resources LSE (PRL) the London and Toronto listed natural resources investment and development company, announce today that they have widened their spectrum of investment interests that could now see Polo investing in production, processing and infrastructure support services associated with the market the board has a tremendous experience in, namely mining, oil and gas. Polo's track record to date would suggest them moving into some large scale investments in this sector and could probably mean the company would look towards taking stakes in smelters, mills, refineries, port or rail infrastructure and a variety of other support services such as drilling companies.
Co-Chairman of Polo, Neil Herbert said,
"The expansion of our investing policy is designed to enable Polo to deliver more diversified earning potential to shareholders from a broader spectrum of revenue generating businesses with exposure to the natural resources arena.
Using its extensive knowledge and experience in the natural resources sector the Board has identified significant growth potential across the support, production and infrastructure value chains within mining and oil and gas. Continued investment in commodity exploration, development and production by large multi-national and mid-tier companies continues to drive earnings, investment and development opportunities.”
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