POS 0.00% 0.5¢ poseidon nickel limited

POS - PBT Deal Still Alive, page-57

  1. 13,234 Posts.
    lightbulb Created with Sketch. 555
    Delays are frustrating,. My personal assessment is POS is last life line.
    ..
    In case they fail again to come up solid FID and Start rebuilding plant, people will loose all faith and POS may take hammering and treated as Pure Explorer in that case Market cap around 40 mill at best.
    ..
    If POS manage to get plant refurbished without cost blowout(Highly unlikely) and star production going I see good value at current share price, otherwise it will end in junk stock list.


 
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