Fredy

Dear Believers and traders,

1/ If you read some of my posts, I often announce something will happen and this much earlier, read my posts the past 5 months
2/ also I'm not announcing something that we all expect such off take agreement, funding, etc..First it is too easy and we all know about it, second it is not coming yet at least not today. Read all my posts last night. The news are not so bad..and it is about engineering and so about production cost plus some funding figures
3/Let s come back to the reality
- POS is progressing very well in term of NI metal reserve/capacity
- NI grade not so bad when we mixt both of mines
- Production cost lower, great new
- We know now they will truck NI ore from Windara to black Swan
-Debt nothing just simply JB is AF great connection / AF 8 million bridging loan can be paid much later
-POS can produce end of year -less than 6 months

So what can we expect?

A capital raising? at 30 cents or above it can be worth but so far, POS certainly has, more options due to its fantastic progress.
I reckon debt funding? Why? not so difficult to find 50 million when you can sell 14-16 tons of NI metal a year at almost 19,000usd a ton or 8.50usd /lb with very low debt so far
Not so difficult for a bank to lend funds when we expect Ni metal shortage in 12 months plus potential business to invest in with a first class management leaders including Fredy...joking

But now AF and JB are finding the best strategy to make a fortune with POS because they can do it and they have been in for 7 years so they deserve rewards. All external and internal factors are in green
JB will convert its shares at 30 then 40 cents, I bet you.. they will make more profits with shares issue than to get they money back plus interest in 2017. This is my thinking...I will let you know if I hear something but it sounds logical
AF holds 26% of POS, does he wants to increase his market share? this I don t know, let me check

anyway, I can tell you it is now just about funding strategy and make shareholders rich because we can do it now
I reckon more acquisitions can happen too to make POS a strategic and essential NI metal producer in Australia
Technically we are on our way, just a question of funds and send our sp to Paris

Cheers

F