POS 25.0% 0.5¢ poseidon nickel limited

Calm before the storm, page-7

  1. 6,913 Posts.
    Yes talking about drilling. The CR which was completed the other year for $20 Million when Twiggy got onboard at 10c was supposed to have a drilling campaign of 50,000 metres, obviously the man of the hour pissed the money up the wall or the so called new drilling tech from Wassara failed and cost twice as much to get back on time as two drill rigs were required as they had issues with the first one and fell behind the timeline. They managed 15,000 m. quite pathetic really I have been unable so far to find the info in previous ann's that stated the fact they were looking to drill 50,000 m from that CR but I'm sure that was the number they preached...
    Anyway someone is loving playing the ball between 8.0c - 8.5c. Does this not smell like a capping move to keep the price at an 8c ballpark for the next CR they want the 15% ratification at the EGM next week.
 
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