$$$ 15 mill revenue on tailings$$%$$, page-3

$ 15 mill revenue on tailings$$poseidon This is what you where looking for makes it a bargain IMO!!!! Will we get another Poseidon ????
Cheers Pete.

•New independent assays returned the following results;
DDH BE 554 1C 15. 4m @ 7. 72% Ni (686. 9 DDH BE 554 1C 15. 4m @ 7. 72% Ni (686. 9 DDH BE 554 1C 15. 4m @ 7. 72% Ni (686. 9 DDH BE 554 1C 15. 4m @ 7. 72% Ni (686. 9- -- -702. 3m) & 9. 4m @ 702. 3m) & 9. 4m @ 702. 3m) & 9. 4m @ 702. 3m) & 9. 4m @
7. 63% ( 718. 6 7. 63% ( 718. 6 7. 63% ( 718. 6 7. 63% ( 718. 6- -- -728. 0m) downhole 728. 0m) downhole 728. 0m) downhole 728. 0m) downhole
DDH EE 554 4D 6. 4m @ 7. 23% Ni ( 645. 9 DDH EE 554 4D 6. 4m @ 7. 23% Ni ( 645. 9 DDH EE 554 4D 6. 4m @ 7. 23% Ni ( 645. 9 DDH EE 554 4D 6. 4m @ 7. 23% Ni ( 645. 9 – –– – 652. 3m) downhole & 652. 3m) downhole & 652. 3m) downhole & 652. 3m) downhole &
@ 2. 77 g/ t PGM @ 2. 77 g/ t PGM @ 2. 77 g/ t PGM @ 2. 77 g/ t PGM’ ’’ ’s over same interval s over same interval s over same interval s over same interval
BE 554 1C intercept is within ~ 150m of decline & shaft with EE 554
4D situated a further 300m vertically below;
•Mineralisation similar in tenor and form to ilver wan (Lionore)
and Cosmos ( Jubilee).

•200Kt of stockpiled sulphide ore (1. 3% Ni, 35% recovery &
60% payable) indicates stockpiles have potential to Net
A$ 10. 0- 15. 0m over 18- 24 months from simple and cost
effective water wash heap leaching. This recovery could be
expected to improve with acid wash heap leaching.