POS 0.00% 0.4¢ poseidon nickel limited

Ann: Black Swan Restart Project Update, page-34

  1. 1,424 Posts.
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    IMO its a classic rope a dope. Get the bad news out (production now pushed to June qtr of '23), the suckers will get impatient and sell and then smash out the tailings and some drill results to keep those that stayed appeased. Interestingly this time there is no mention at all of visuals (is it relevant this time around?) like before. That may then help to raise some money as those salaries wont pay themselves....

    My background clearly isnt mining but in the industry I am in this apparent lack of foresight and continual restatement of timelines wouldnt be anywhere near as acceptable as it has been with POS. Then again looking at the SP maybe it hasnt been accepted at all. Not once can I recall anything stating they would challenge the staus quo, find alternatives to overcome barriers and accelerate as opposed to delaying, but they are the experts so maybe i need to develop more trust.

    GLAH






    Last edited by Deanostock: 05/04/22
 
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