POS 33.3% 0.4¢ poseidon nickel limited

Inferred to Indicated, page-37

  1. Jul
    363 Posts.
    lightbulb Created with Sketch. 36
    Imho and I am not a mining or milling expert , POS having a 2.2 capacity mill rather sets POS up to mill anyone's Nickel ore.

    A bit like taking in washing and sewing to make ends meet.

    Also I guess it means POS can toll mill other similar ores like Cu ores. That is a question. I am not a mining or milling expert.

    So maybe an ancillary business model is one where POS tolls ores Ni and Cu from many sources, while also doing its BSD and SS and GS mix for 1.1.
    'Inferred to Indicated' is rather out of date in such business models.

    Or maybe the business model is one where POS should stick to Nickel Sulfide ore.

    Welcome your comment.
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.001(33.3%)
Mkt cap ! $16.72M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $31.24K 9.909M

Buyers (Bids)

No. Vol. Price($)
97 57933913 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 47469825 29
View Market Depth
Last trade - 16.10pm 12/09/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.