POS 12.5% 0.5¢ poseidon nickel limited

Naysayers are wrong, page-9

  1. 9,800 Posts.
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    Senator,
    the reason i said Windarra has been ready since Nov 2014 for mining is=

    - 2 x DFS done, only difference is where ni ore transported to not mine plan
    - the shoots have been dewatered for some time below 400m that uncovers all upper shoots for drilling mining ni ore inc g h c d f shoots
    - NH told us in POS AGM W drilling done and rigs moved to LJ (pretty confident would you not say), if it wasnt there they would have kept drilling there until they found it, so NH has found it, the ore supply at W is ready
    - Cathy and her successor set up a W mine plan long ago, maybe by Oct, the fact its changed or water pumps replaced is good news
    - rodrigues was working on the new DFS for windarra ore to BHP lienster in Nov as stated at the POS AGM, sitting near me he nodded,
    - POS announced all mining and transport contracts in "final negotiations" since Nov, some amendments and some got cheaper
    - CR cash came in and sits there for W restart, where did that $6M go since Oct? I say drilling and W restart capex already spent (POS 4C Dec states $15M cash left from $30M-$9M for AF loan = $6M spent in 2 months)
    - W capex already spent i think, est at $8M in the 2014 DFS for W to BSwan mill then.
    - nominal capex spent on LJ other than C & M, $1M settlement payment, back up drilling and digging records to 31 Dec = $6M spent on W restart capex.

    Whether you agree or not if you follow the money, that $6M spent in Dec QTR was for W restart capex, the pumps are below 430m at W below ground now, the entire upper section at W is ready for ore drilling.

    I say the POS Ark is ready and has been for some time...they spend time on LJ as theyve got money and time to get this up by 27 March settlement of BSwan. Posters have forgotten about BSwan settlement date is 27 March ...nice convergance of 3 projects into 1.

    No BS from me senator...you have to read between the lines.

    Im telling you, the POS Ark is ready and has been for a while. All we need is the flood.

    That rain is getting heavier,



    some villagers are coming back and forth, the patient will prosper on the POS Ark, the doubtful disrespectful humans will swim the tsunami. Buyers looks like, 13-14c pattern range again and mexican stand off again, happening all the time every day now.

    Ichi may tell us green wick candlestick this week, with the MACDs weekly with higher volume this week, make or break...i say we wait for the flood in the Ark. The natives are restless outside the Ark but in here we got the security and the supplies and helpers are everywhere, so many animals here and so many miners and helpers, outside the Ark they cant be seen.

    W is a GO. only a matter of time, NP is irrelevant. we are waiting for something BIG.
 
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