POS 16.7% 0.4¢ poseidon nickel limited

Ann: Continuing High Grade Nickel Intersections at Silver Swan, page-16

  1. 5,050 Posts.
    lightbulb Created with Sketch. 2250
    "if we were drilling today we will be at loss.."

    What rubbish! It's the drilling that has just been completed that will directly result in the likely Resources upgrade that is due in August. It might even extend to a Reserves upgrade too, which would have direct beneficial implications to DFS project life and also the cost profile, which would lead to reduced NP profitability hurdle. Money very well spent for relatively moderate cost, imo.

    "so far we don t need any more analysis Zeb just a good np.."

    I'll tell you what we don't need any more of... low-content mindless ramping.
    Pro Tip: If you're gonna ramp, don't do it against the tide. Wait until the tide is with you. You cannot create the tide.


 
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