POS 25.0% 0.5¢ poseidon nickel limited

Windarra Funding, page-25

  1. 2,050 Posts.
    lightbulb Created with Sketch. 1
    Mak the engineering report had estimate of Funding for 50 mil (BS and Windarra start) - all that considered the 100m would be an estimate to fund ALL our projects in one go
    including any blowout costs
    But recently management statement - have alluded they are confident with generating quick cash flow - i.e guaranteed with recent offtake BHP
    And the recent startegy change to focus on Windarra and LJ - making capex below 20mil
    Mrs Einstein is forecasting capex for ALL projects including a comfortable buffer - IMO - the strategy has changed there is a fast track focus in progress
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.