BNP now owns 180M shares of POS worth $17M cash invested here,...

BNP now owns 180M shares of POS worth $17M cash invested here,
BNP is MD imho
BNP has aud $680B, yes Billion assets under management globally.
$680,000,000,000

POS might not even need a small $12M loan by July 2022 assuming the offtaker provides $45M like Trafigura did to PAN which is probable if not certain.


"EUR 474 billion -
BNP Paribas Asset Management has assets under management of EUR 474 billion* (as at 31 March 2021), with more than 500 investment professionals and around 500 client servicing specialists, serving individual, corporate and institutional clients in 71 countries"


If they watch the NP why are they still stalling?
How can any of the 10 mine plans they have not be a high margin production project?

As PH called it HIGH MARGIN PRODUCTION many times then we can bank on that and start it up, even if its only 2 years LOM yet MST Access says its a 25 year LOM at 8ktpa using the low grdae!

How can MST Access know the numbers and LOM more than POS BOD & management? Surely not.
How come MST think this is a no brainer at $71Mpa ebitda & $240Mpa revenue min yet POS management stall it?
How come when we run the numbers ourselves its a compelling case to restart but POS management cannot do that, what is blocking them AF BMM?
If so, ignore them and go with MD BNP Padley Trafigura & they can find the way forward if the others cannot.

BNP or Trafigura can fully fund this to 2023 to production of 20ktpa to create revenue of $530Mpa & ebitda of $260Mpa imho.
No need to stall, ignore the legacy holders who dont believe in it, go to the next step & to the ones who do believe in it I say,

START HER UP!