POS 0.00% 0.4¢ poseidon nickel limited

not overvalued

  1. 326 Posts.
    Numbers from April quarterly activities report.

    First years net operating surplus est $12M
    Ave over next 4 years $34M

    Upside is from the high grade ore found at depth and from regional drilling of targets.

    Given infrastructure is already in place, current market cap is not over the top.

    Needs (and is getting) decent drilling budget to increase mine life.
 
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Mkt cap ! $14.85M
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0.3¢ 0.4¢ 0.3¢ $8.018K 2.354M

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5 306696 0.4¢
 

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0.5¢ 25743318 23
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