POS 12.5% 0.5¢ poseidon nickel limited

WesMantooth, always important to look beyond the current plan....

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    WesMantooth, always important to look beyond the current plan. There are resources at Windarra and Lake Johnson which should come into the frame. So life can reasonably be expected to exceed the 5-7 years. Problem is these resources don't have a concrete plan around them yet so there is a degree of uncertainty. If the Ni price stays up then both are a good chance of being developed.

    All frustrations with POS aside, the executive is competent and experienced (could be better, certainly could be worse). The fact that still no clear plan has been presented and several milestones have long passed without an announcement tells us that restarting isn't as simple as it might seem nor are the economics indicating a lay-down misère. We would be selling concentrate now if it was.

    I don't have a crystal ball but I'm more invested in POS than some others in the same space.
 
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