POS 11.1% 0.4¢ poseidon nickel limited

You get around GT40, i heard the same rumour a couple of weeks...

  1. 509 Posts.
    You get around GT40, i heard the same rumour a couple of weeks back, and i believe the person has been caught with his hand in the cookie jar (over 1 Million bucks) dont know if the money has been recovered or not.
    Be a really good question for the board at the up coming AGM.
    Are you going to meet with Singleton GT40?
    I am really struggling to see how the board of POS can justify the massive wage bill, when they seem to be in shut down mode.
    Yes i know they are negociating but why have all the other staff if all operations are in moth balls.
    I think Singletons time has come to an end.
    If they have the funding agreement as we are lead to believe (Harbingers convertable notes) as we have not been advised otherwise, i think it is incompetent not to be drilling and proving up the resource.
    Cheers
 
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