POS 12.5% 0.4¢ poseidon nickel limited

$2 Club, page-64

  1. 9,894 Posts.
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    Settlements today at 11.0, $20M cash
    tmrw soi increase by 200M
    unless oversubscribed extra $2M

    they dont want anyone taking 11.0 shares, they want them all for themselves! Dont believe the hype.

    only need 15M for circuit 1 startup, 4 months imho.
    dec mining, means dfs fid offtake already prepped & ready to go.
    cant produce if have no mill feed
    cant sell offtake if no conc or no dso ore

    so mill has to be restarted & fid issued way ahead of schedule
    offtaker demanding immediate restart using conc, of course, he is putting the fire under them.

    should have been done 9 months ago when np past 7.00, they talked of this for 4 years but PH didnt realise or understand, he thought the mills were worthless as the peers thought for years but in fact they are our Golden Mile capex saving of $1B & remarkably good condition.

    never had a doubt on this, RD told us at the 2017 AGM but PH didnt realise till a few months back on site visits. Now its the Hub of the restart as it should be.

    START THE MONSTER processing plants UP!
    Last edited by tomboy: 09/08/21
 
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