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News: MIN Poseidon Nickel Provides Update On Proposed Sale Of Lake Johnston, page-8

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    You’re still going at it? There’s obviously a reason that Minres walked away, at the BofA mining conference fireside chat that Chris did a couple of weeks ago, he said they’re looking to expand bald hill and add a flotation plant to that instead, probably cheaper to upgrade a running plant rather than one that is in care and maintenance. A good listen if anyone wants to hear Chris talk about a few projects, he hinted that the gas project will be a 50% ROIC, we will get up to 5000bpd of oil and they’re looking at a copper project in Africa as part of 3 projects that will cost $10B but are 30% ROIC, there’s a good future with this company
 
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