poseidon boom 2, page-4

Have a read on how Poseidon will be doing funding. $200-$300 million. Whats that? Chump Change... There is about half that in gold tailings just sitting there. The concentrator will be 80% funded by...

"The lump sum turnkey (LSTK) contract, if agreed, would attract an export credit guarantee from the Chinese Government to cover an estimated 80% of the plant construction cost."

Then some US bonds at a rate around 6 - 7% (Interest only for 5 years) and equipment to be sourced from China by way of debt funding, funds required around $300m all up....$210m from US and $90m from China.

What major debt is there? This is chicken feed don't confuse Poseidon with Anaconda... Anaconda had massive debt, untried technology, unrealistic forecasts and failure to deliver, over-ambitious expansion plans and poor corporate controls.
Poseidon has low production costs, established
infrastructure will have a relatively low debt, a large resource with huge expansion upside, with the Nickel demand turning and prices look to be climbing soon there is absolutely NO comparison with Anaconda. Plus Twiggy has learnt from previous mistakes.