POS

0.00%

0.5¢ poseidon nickel limited

Good post CUB, enjoy your trip. One small thing - PH walked in...

First 119 Last

Share
Profile

Follow
HermanMelville

220 Posts.

99

13/04/24

08:26

Post #: 73326258
Share

Originally posted by CashedUpBogun: ↑

formula has been pretty lucrative actually mate - it's as easy as following the lasode curve rather than conspiracy. Im not confusing with IGO. I brought MCR low low low when nickel was a dirty word but they found cassini. Rode all the way up, sold all the down to takeover. A good 5 bagger and paid off my bali love nest. mean while invested in gold. now im harvesting gold and investing in nickel again (and Li and Cu). worked for 15 years you should try it some time.

my memory of POS goes all the way back to NIA. How old were you then, 10???

GS discovery was PH's change of strategy when he took the seat - he turned on the rigs and got early success. Market liked it too. Closest Ive been to buying POS since 2007. yes it turned out to be small, but when you compare it next to SS its another one of those pods. I'd still say there are more out there.

Abi Rose - was one or two drill holes. Never followed up. Given location to a decent deposit when it was unmined, it had potential. now the CuBs suggestion was - rape and pillage SS/GS at the peak of the nickel boom when prices were sky high. Ore purchase or toll treat at Kambalda. equals revenue. Pump drilling into Abi Rose and grow LJ. Maybe AR turned out to be another duster but you never know until you drill.

LJ was the better asset. And now it's sold. And POS is left with POS assets. Maybe Windara will shape up. Remember when they were refirbing the underground? what a sh1tshow that was. drilling therough massive shears. water p1ssing in everywhere.

but you're suggesting sitting on the cash, burning C&M and salaries, waiting for the ni price to recover then parade the same shitty assets that didnt work last time. Or the time before that. Or, the time before that, but wait LJ has been sold so kinda screwed unless the do exploration. Or buy something but their script isnt worth the wiping ya butt with is it?

anyway im heading back to my love nest in bali. if you lose the house on POS again maybe you can come and crash at the CuBs villa for a couple of weeks. There some gardening that needs doing and i do enjoy a foot rub

Expand

Good post CUB, enjoy your trip. One small thing - PH walked in to the GS discovery in his first week in the seat - it wasn't his strategy. He lucked into that one (but as it turns out he kinda lucked out in the end...)

POS Price at posting: 0.6¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GRX

GreenX picks up prospective copper project in Germany

WGX

Westgold sets its sights on top five producer status through merger with Karora

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

There are more pages in this discussion • 17 more messages in this thread...

First 119 Last

Add POS (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $16.71M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.4¢	$17.80K	4.124M

Buyers (Bids)

No.	Vol.	Price($)
68	47816915	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	13989612	30

View Market Depth

No.	Vol.	Price($)
61	46965468	0.004
36	29029342	0.003
22	27707751	0.002
19	25600201	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	13694923	29
0.006	27126436	18
0.007	51841522	29
0.008	6310827	16
0.009	3738198	12

Last trade - 15.52pm 02/08/2024 (20 minute delay)

POS (ASX) Chart

Good post CUB, enjoy your trip. One small thing - PH walked in...

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Good post CUB, enjoy your trip. One small thing - PH walked in...

Top Stories

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

GreenX picks up prospective copper project in Germany

Westgold sets its sights on top five producer status through merger with Karora

Venture to sniff out high-grade REE targets at Jupiter project, WA

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News