POS 0.00% 0.5¢ poseidon nickel limited

Nickel Boner Update, page-4843

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    In my view, there must be a way that we can execute on BFS 1.1 first which will produce very desirable smelter grade concentrate as per PH for say 18 to 24 months.

    Stage 2 could be executed afterwards to feed a different concentrate into PBT, being BFS 2.2 and increasing mine life and production quantity.

    So we may be able to start producing smelter grade end 2H after refurbing and recommissioning the plant required for 1.1 mtpa
    (stage 1) to generate cash flow earlier as refurb has been estimated at just 6 months.

    Above is my view based on info published by POS. I do hope we get some more info on potential way forward as part of BFS 1.1 next month. Not long to wait.
 
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