POL.L Share Price (POL)

Just heard from the bank that Polo resources shares are now worthless..

Has anyone any idea of what Polo is doing?

Or of getting relisted?

Or of publishing accounts?

Or how we can trade our shares?

Are they worth anything?

Hi all- POL is mentioned in todays GCM RNS-

On 26 June 2025, the Company announced the Management had become aware that Polo Resources Ltd, a British Virgin Islands ("BVI") incorporated company, was dissolved on 5 September 2023 as the result of the resignation of its BVI agent. The Company has been informed that the officers of Polo are currently undertaking steps to restore its status as a registered company in the BVI including the appointment of a new BVI agent. This is expected to occur following, inter alia, the satisfactory completion of customary due diligence on Polo and its stakeholders by the new BVI agent, followed by a court order as required under the laws of the BVI. Notwithstanding this, there can be no certainty that Polo will be restored as a registered company in the BVI, nor as to the timing of any such restoration. As most recently announced on 31 March 2025, Polo has provided a £3.5 million loan facility to the Company of which as at 31 December 2024, £300,000 remained undrawn. In light of this, the board of directors of GCM believes that the status of the Company's indebtedness to Polo is uncertain but given the expectation that the officers of Polo will restore Polo as a registered company in the BVI, the board is currently treating the loan which, at 30 June 2025 amounted to £6,198,000 (31 December 2024: £5,923,000) including loan interest, as unaffected.

The suggested website goes through to a Casino betting site in Azerbaijan! Maybe not too much of a coincidence?

Anyone heard more about a possible re- listing?

POL had a BVI listing and when their agents, Harneys resigned in 9/23, the listing ceased. HL eventually woke up and told holders unless we could give them details of their new agent, they considered the company no longer existed so they classified it as worthless. The RNS today that the officers of POL are trying to find a new BVI agent and that if this is done they will have to use the same list of shareholders. So I would suggest we follow the future GCM RNSs as the Polo website has been undated for a long time-

https://www.poloresources.com/