$2 Club, page-519

Last time NP was 11.0, POS SP was 12.00

its half that now yet the news has been good,
more JORC, higher grades, more drill hits, more prep, more offtake work, refinery deal plus $120M Fed grant PBT

POS SP should be at 22c now on NP & Refinery deal alone but as usual went the other way led by DD AFAF Selldowns & cappers galore.

MCR WSA PAN if they are worth $1.1B MC each smaller than BS & IGOs Nova is worth $3.5B same size as LJ then POS is worth all that plus refinery deal +$1B.
Argo MST calling 30c-31c NPV even

PBT under massive pressure to build refinery & get that $120M & the only way that financiers & Feds will give them that is a signed deal with POS for offtake, refining & tolling royalties at 50ktpa pCAM thats 100ktpa of ni conc pa at 16% & no one other than POS can supply anything near that to them so the deal with PBT must be with paganin lawyers now imho.

high teens you say,
TBC i say
its simple, start production at 8ktpa moving to 15ktpa then 30ktpa with refinery deal
thats $300Mpa revenue going to $1.1Bpa revenue plus refinery royalties of $150Mpa.

then the market will rocket this finally when tjere is a deal for offtake, refining, royalty with deposit of say $50M cash.
show us the money!