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Wednesday, September 7, 2011

Polo Resources recovery hit by Bangladesh coal plans

Wednesday, 07 Sep 2011

The past week has been one of convalescence for Polo Resources, the Aim-quoted resource investment company that holds stakes in companies involved in coal, gold and iron ore.

After falling casualty to investors’ risk-off attitude in early August. The recovery began in mid-August when Polo announced a doubling of a special dividend to 2p a share following the GBP 100 million sale of Caledon Resources.

(Sourced from FT.com)

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