Ann: Webinar Invitation - Strategic Assets, Multi-Commodity, page-20

CUB
firstly, the "market" has HEAVILY OVERSUBSCRIBED almost every POS CR since 2007
the one at 11.00c was $3M oversubscribed, now its 0.40c LOL.
expect the same here, expect BIG BOY to sweep the dregs
POS been doing CR every year since, its cash is always on tap

Unlike all the other loosers like MCR PAN WSA AFAF BMM, we have NO DEBT, MASS ASSETS, OPEN PIT dewatered, ROAD ACCESS MILLS MINES and drill drives to ore bodies everywhere at VERY LOW CAPEX.

Secondly, you compared POS MILLS with 3.70MTpa with Cosmic Boy pathetic 0.60MTpa small SAG MILL, you started that not me.
And yes if LJ was used for FF first then no wonder its worth way more.
LJ has way way more JORC than FF also, try 1000% more
LJ MILL is also 290% larger capacity than cosmic boy
LJ is also flooded with NI Au Li also, unlike FF

Cosmic boy was built small by WSA to offset the BHP tolling expenses and looks like it didnt work did it.

Once again POS has come out better than all these other former high flyers high rollers burning cash like no tomorrow that have all closed up and gone bye bye

POS is the last Oz Ni miner still standing thats capable of producing near term (ex IGO & BHP)

If you compare chalk v cheese then you are misleading yourself.