Mate, the issue with POS and the whole Australian nickel market is the world (US + China and everyone else follows) accepting that Indonesian nickel is the way forward. It's dirty dirty enviro as, but all companies and the US have accepted the fact which is the reasons the Chinese have been there forever - it's so darn cheap!
Here's the rub, all Aussie nickel has been hammered beyond belief which creates huge opportunity (doesn't seem like it now) when an Indo nickel issue happens (and it does, seen it over many years):
- Tax grab
- Export quotas/bans
- Major companies looking for clean alts
- etc
Anyhow, I'm not bottom fishing yet but defo circling.
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