POS 2.44% 0.4¢ poseidon nickel limited

Ann: Windarra Gold Tailings DFS Highlights Robust Project, page-35

  1. 13,234 Posts.
    lightbulb Created with Sketch. 555
    Forgot to add Finance Cost, Hedging Cost . Any Bank who finance it (most likely No Bank will finance a Tailing Project) will ask for hedging. Technically taking 10% fat out of gold sales at least. Only way to finance it via Capital Raising means 20% dilution at least.
    ..
    I could be wrong, I dont see any value funding a project that has short life of 2.5 years. It is total distraction for POS.

    Last edited by sircorp: 23/07/21
 
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