POS 0.00% 0.4¢ poseidon nickel limited

Black Swan Production Restart, page-541

  1. 9,764 Posts.
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    Yankee Black widow was hit with ozzie mortein

    she was deluded into thinking us sunstruck colonialists were a pushover but didnt expect the poison pill & mortein.

    if she wanted to t/o cheap she never would have sold down from 19% to 11%, big mistake but it collapsed the SP as did AFAF similar actions. She also would have gone into the CRs at 11 & 3.5 but hasnt.

    still sp is now below their initial buyin price of 5.0c and to recover another 320M shares on market would be a sp ramp to 11c again so she is stuffed.

    BW is dead imho.
    she is stuck with white elepjant lanfranchi burning cash of $20Mpa c&m with no production no mill no revenue so their aussie domination plan was a disaster & a humiliating putdown. Their ceo churning shares comment showed the entire aussie market they could not be trusted & dont invest with or let these AH@les in ever.

    since they have been ignored & bhp refuses offtake with them even, they have no mill to use & wont spend $500M to build a new one here either. Their plan to steal LJ cheap failed miserably.

    Black widow is hiding & skint, she is cornered & spluttering mortein now, in rigimortis soon exits to MD whose reveal will be big news here.

    ph has been trying to as he said i 2020 agm to get fresh blood & remove legacy holders.
    Only a matter of time when MD is revealed & swipes all of bmm afaf holdings.
 
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