POS 25.0% 0.5¢ poseidon nickel limited

Ann: Investor Presentation - May 2021, page-190

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  1. 10,070 Posts.
    lightbulb Created with Sketch. 4355
    sircorp, maybe time to buy another paltry $2k mate!
    these guys on here have many Ms of shares, they are waiting like me for the TAKEOFF!

    20c you say, bah humbug!
    If they hit the mother lode and start HIGH MARGIN PRODUCTION, then it amy well be MBs of that.
    The God of Geology is on our side, Poseidon is the God of the Sea, son of Zues, the trident of power, its awkening from its slumber.

    Think of this 400kT Ni x us$18k perT/0.779 = AUD$9,200,000,000.00 of resource in situ right now
    if GS proves up as another SS of 150kT thats another $3,500,000,000.00 of resources but at way higher grades & low capex near term restart
    thats mind boggling.
    85c
    Also with $240M ebitda (maths I posted before) at a PER of 10.0 thats a SP of 85c
    On Morgans figures of $120M ebitda at a PER of 12.0 thats a SP of 51c
    ASX PER average os 20.4 so thats half of that still.
    Remember SIR was at 75c equivalent 12 months before its prodcution start with $800M of debt/CR.
    POS has NO DEBT, no need for 2-3 years of building mines and mills. Its all there already.

    Market is still asleep.
    The monster Poseidon Project is finally awakening.
    Last edited by tomboy: 19/05/21
 
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