Myth vs Reality
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1) POS can't have offtake agreement without knowing Resource Estimate. Resource Estimate only possible after assay results which is likely to come in March hence earliest one can expect Resource Estimate in late April or May.
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2) No bank will finance a project without know Resource Estimate and updated ROI. That is only feasible late May or June.
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So chill out and enjoy the pain till June. The Pump & Dump from capital raising is over, big players cleared their desk and you don't their their posts here any more. POS will hover around same price till April/May as no big player has any interested (POS Market Cap -150 mill, too small and too risky. Fund managers will not even touch it)
Black Swan Production Restart, page-548
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0.5¢ |
Change
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Mkt cap ! $18.56M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $13.39K | 2.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 40157340 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11463800 | 20 |
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