BNP is one of our top holders with 8%-11% holding over 4-7 broker accounts we know of.
BNP trying to finance TS margin calls
TS signed offtake deal with POS in 2014 and it lapsed.
Maybe TS & BNP have been capping and shorting POS with AF BMM for a t/o.
How did the Singapore group think they had $1.5B worth of POS Nickel ore futures?
Who was the insider in POS that signed the papers?
If BNP is really working for TS & BIG SHOT then that may explain the capping operation since 2015 & more particularly since 2020 when tehy took a larger stake in POS and its been capped even more since..
However this capping operation is going to BURN BURN BURN.
POS would be making $1.67B annual revenue on 12ktpa production at a NP of us$45.81lb
Either way market gives it $0 revenue atm but not for long.
Even $500Mpa revenue would be STUNNING
NICKEL NEWS, page-400
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $25.22M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $41.91K | 7.255M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 17111642 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 11208082 | 15 |
View Market Depth
| Last trade - 10.37am 17/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |