Poseidon has promised an FID this quarter.
On their own figures, without finding any more ore, the BS/SS project has a payback of under 2 years. It is hard to see an excuse for further inaction.
Patience is clearly running thin amongst the posters on this forum. The inaction has become a sour joke.
In my view the problem is with directors owning no shares. They don't seem to care that each time they kick the can down the road with a further equity raising that existing shareholders are diluted.
They are not shareholders.
If they try to kick the can down the road again the disappointment may be too great.
bacci
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