POS 12.5% 0.5¢ poseidon nickel limited

admin costs

  1. 1,043 Posts.
    Running over quarterly reports and $800,000 per quarterly which is 3.2 million per year for admin is far from preseving cashflow. The 20 million from the rights issue is nearly halved and still the shareholders are waiting on a DFS which has been delayed numourous times beyond a joke. I wonder if proactive and jefferies has run the ruler over the document ?? Like allways the shareholders who are the backbone of any company are the last to know. It was said at the proactive meeting the dfs was to be released in 2 weeks ! DELAYED once again most likely being reviewed by another specialist at our cost thats right the shareholders are paying for all the delays unfortunately.
 
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