POS is a production processing powerhouse sitting on high grade...

POS is a production processing powerhouse sitting on high grade large JORC resources with $70M cash at bank. Dennis is drilling away to unveil that new nova so he can start up lake johnston as well. The black swan plant start up is nigh & tolling/offtake deals may be in the works.

When Twiggy & Dennis decide to crank this up based on the NP, even at a 3% grade with 2.7MTpa processing capacity thats 81kT of Ni, or 3-4 times more Ni production than WSA and using 100% of its own mills rather than BHPs processing plants with revenues of A$1.5Bpa.
Sure it hasnt mined anything other than shareholders for a while but all 5 mines & 2 plants are historically proven producers.

Hey CUB, if grade is king, then aint POS the king of kings?
Your beloved WSA has a grade of 5.0%
silver swan is 9.5%, emily ann is 4.2% and abi rose looks like 4-6%
I presume you dispute hutchinson's claim that lake johnston is another forrestania but horizontal?

Looks like Pershing stopped its shortselling campaign today, lowest volume in months
Only 1 offeree onscreen at 4.7c same amount as before 150k
Looks like Morgan Stanley bought another $20 of stock and flipped $125 at 4.6c
Looks like Merrill Lynch buying and selling similar volumes intraday again, why bother?!
Hardly any others other than daybabyk
Looks like these yankee price manipulaters are on holiday today.

Market cap comparisons based on POS SP/MC equivalence =
MCR = 3.1c
PAN = 9.1c
WSA = 24c
IGO/SIR = 90c

Its a big jump from non-producers with no plant to producers with working processing plants. For sure.
The maths is compelling for the potential POS has.
The industry & market knows of this potential but like you are skeptical just like they were with ANL SIR FMG until their run started. WA needs this industry to boom again if it will become the export growth powerhouse of the nation once again.

Till that day, you are right to be skeptical and dispute that potential.