POS 25.0% 0.5¢ poseidon nickel limited

Nickel Boner Update, page-26

  1. 6,119 Posts.
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    Hi Red,

    Put it this way 2,000,000 tonnes at 6 grams @80 recovery gives you 96,000 ounces.

    96,000 ounces at a margin of A$500 (Given current POG) gives you a profit of $48m for yr 1.

    Payback in 6 months isn't bad
 
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