POS 0.00% 0.4¢ poseidon nickel limited

Why do I bother, but here goes anyway.Will have to be in...

  1. 120 Posts.
    lightbulb Created with Sketch. 33
    Why do I bother, but here goes anyway.

    • Will have to be in production to get to MC of $600m, after that lets hope it continues to appreciate.
    • You compare ore tonnes production with mines with much higher grade and you compare grade with mines of much higher ore tonne production. There is nothing rational or logical about this approach.
    • I don't think I'm "dissing" anything by pointing out that it isn't as perfect as you'd describe. Yes, some of it can be mined and processed, but multiplying the resource by a few factors and calling job done is very naive.
    • Putting value on the entire in-situ resource and ignoring the fact that a good proportion wont be mined is deceiving the less informed people out there
    • And no I wouldn't have the first clue about mining - obviously. Nor does the market which fails to grasp your brilliance. But I do know getting emotionally attached to investments usually ends in disappointment.
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $16.81M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $5.305K 1.512M

Buyers (Bids)

No. Vol. Price($)
129 93163388 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 50269224 51
View Market Depth
Last trade - 16.10pm 02/10/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.