Ann: Proposed issue of securities - POS, page-78

I think it will all depend on the NP to be honest. Ahead of every raise there have been calls of this is the one and the EV revolution. The EV revolution is still some way off imo( at least 3~ 4 years). Anyone who has followed the Nickel price over the years would agree that nickel is fickle! The GS discovery due to its blebby nature isn't in all likelihood going to add huge percentages to the generally large resource but low grades currently owned by POS. What they need to sustain and justify a restart imo is an NP that stays around the $9 usd mark or above or more drilling of potentially contiguous ore bodies like Abi Rose to drop their high COP. I agree that the works being done are heartening and that POS IS in the best place it has been ever but that is not to be confused with actually flicking the switch or the SP not going below the issue price in the short to medium term imo.
GL
T