POS 0.00% 0.5¢ poseidon nickel limited

Ann: Company Update, page-66

  1. 1,404 Posts.
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    As good a place for this as any:
    From Monday I believe...
    https://www.whitehouse.gov/briefing-room/statements-releases/2023/11/13/joint-statement-from-the-leaders-of-the-united-states-and-the-republic-of-indonesia-elevating-relations-to-a-comprehensive-strategic-partnership/

    TLDR, if Indo want to sell nickel to the USA under the IRA they will need to clean up this industry = cost up, prices up, pos back in play?

    ".....They emphasize the opportunity to create high-standard clean energy supply chain jobs in both countries through a robust partnership between the United States and Indonesia that leads to mutually beneficial development of domestic resources in accordance with fair market-based rules.
    They determine to take concrete steps to adopt and implement policies that advance occupational safety and health and fair wages and ensure employers uphold internationally recognized labor standards and comply with domestic labor law at each country’s mining and processing facilities.
    They commit to pursue these efforts with a view toward establishing the foundation to launch future negotiations on a critical minerals agreement......"


    Ill leave it out there as to whether the punters here think this represents opportunity for POS. Are they are so ingrained into the industry / WA scene they may not be able to see the forest for the trees?

    GLAH have a great weekend.



 
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