POS 0.00% 0.4¢ poseidon nickel limited

cawse toy truck auction, page-6

  1. 1,035 Posts.
    This was said from the contractors at the Auction.
    Poseidon are not the only ones getting frustrated on how the decision is taking.
    One thing for sure Orion would not want to work for Norlisk again.




    Crisis the Cawse of Orion's giant sale of equipment

    Amanda O'Brien | September 19, 2009
    Article from: The Australian

    A TREASURE trove of huge dozers, dump trucks and excavators from the suspended Cawse nickel operation near Kalgoorlie goes under the hammer in Perth next week, after the owner lost patience with talk of an imminent rebound in the west.

    Major mining equipment rental company Orion (WA) said yesterday that it was selling millions of dollars of equipment from the mine, which was suspended indefinitely in October by Russian miner Norilsk Nickel.

    "Look, we've hung on for a year -- how long do you hang on for?" Orion managing director Richard Harding said. "We wanted to put the equipment back to work when that operation ended ... but with the downturn in the mining industry there isn't the work available."
 
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