POS 16.7% 0.5¢ poseidon nickel limited

Strong sole INSTO buyer all day, this aint no punter, red. took...

  1. 2,060 Posts.
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    Strong sole INSTO buyer all day, this aint no punter, red.
    took line swipes at 4.8 and some of the offers at 4.9c as a test before the capper came in to cap it
    likely accumulating INSTO are aussies either Morgans or AIE(CBA) based on 8horses data.

    the match shows only 1 large bidder, like it was most of the day
    The capper is likely one of those yankee INSTOs such as Pershing with help from these 2 yank price manipulaters:-
    Morgan Stanley was buying 128 and selling 2500 worth $6 and $125
    Merrill Lynch was buying and selling similar volumes intraday

    Either way, some good news may be arriving.
    Yes you must use the market cap divided by the shares of POS (2.6B)

    and zeb/woll, the SP equivalence for POS with WSA MCap is A$632M/2600M = 24.3c
    dont know where you got 14c from?!
    14c is higher than PAN MC but less than 24c of WSA MC.

    Also zeb, the 27kTpa Ni on Lionore figures were for low grade ore at 0.4% from black swan only not from lake johnston, as I pointed out, my grade average was 3% = 81kTpa based on 2.7MTpa processing capacity at both. This grade is based on higher grade at LJ and SS.

    So on production at both plants, on my maths its 81kTpa Ni concentrate, way above WSA at 24kT.
    WSA has the high grade advantage at 5.0% but so does SS & LJ and Dennis is trying to confirm the size of the high grade like a forrestania but horizontal as Hutchinson foretold a while back.

    Dennis knows this ground and knows how to turn a penny dreadful into a respected producer with world class deposits and a bankers darling.
    In Dennis I trust.
 
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Change
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Mkt cap ! $18.56M
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0.5¢ 0.6¢ 0.5¢ $72.21K 14.43M

Buyers (Bids)

No. Vol. Price($)
45 20637007 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 35270472 31
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
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