Steve - good research.
Current overpriced stock price aside, Im still bullish on Poseidon.
I agree that Windarra is a difficult deposit - but I believe it will be nothing more than token symbol of what the Posiedon Giant may become - and this is what Forrest has bought in on. Forrest is a marketer, and Windarra and Posiedon are effectively trade marks.
Windarra may come up with the goods, but I envisage a series of mergers and acquistions - and Forrest has the backing to do it. Forrest wants to build the next WMC - poseidon and FMG are just the beginning.
Crystal balling, maybe - but if someone can pose another reason why Forrest would become involved in a historically difficult mine then Id love to here it.
Boguns are not necessarily investment advisors - DYOR
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