POS 25.0% 0.3¢ poseidon nickel limited

Ann: Half Yearly Report and Accounts, page-17

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    Years of great announcement headlines of how good the resources are, and the report writes 47 m off

    but the rusty old plant that requires more and more to get up operating as time passes ——no write down,,, yet

    cause the directors belllllllieve

    poor resource and reserve- poor balance sheeeeet propped up by some items not marked to market
 
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