Ann: POS enters agreement to develop Windarra Tailings Project, page-7

Another BRILLIANT move by the new CEO.
using non producing assets to make cash & revenue without selling any assets.!

Got $1M cash from MINRES for LJ deal that faltered.
Got $250k for W dead tailings with NO MILL nearby from Encore/Draslovka then another $1M on unconditional then royalty larger than MINRES agreed to ! WOW

its BULLISH imho.
Moneybags are being flashed here with NO CR and you are whingeing LOL.

This project using W dead tailings could fund $30M cash for the next 10 years to POS without any CR needed at all for 10 years and the tailings could bring $200M revenue to Encore/Draslovka as revenue
It will bring POS CASH immediate term.

POS BOD showed no signs of any panic nor death, they are using & keeping their MASSIVE ASSETS TO GENERATE REVENUE with no dilution.
WIN WIN WIN.

Sad to see the CR crew & BIG BOY waiting for capped peanuts get shafted yet again and again.
POS got NO DEBT buddy !
POS got 13km of WUU strike length and LJ plus ALL OF LJ !
POS got Au funded drill zones everywhere
POS got $13B of Ni JORC resources sitting in situ inc 1MT at BS tailings ready to doze off and sell to anyone
POS/PBT got a $120M FED GRANT with PBT for a refinery plan and still can apply for the same thing too.
Once POS hits high grade AU LI NI all over yet again this time SP might FLY !

STUNNING reversal showing
POS got NO DEBT and now got good $2.50M CASHFLOWS from nowhere from MIN (LJ) GMD (water) & now ENCORE (W Tailings).
STUNNING MOVES imho.

Start realising the bounce here is gonna be shocking to you capping deadbeat downrampers.
This CEO is a GENIUS !