POS 14.3% 0.6¢ poseidon nickel limited

"Based on BHP’s clear view that the nickel sector is going...

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    "Based on BHP’s clear view that the nickel sector is going through structural change rather than a cyclical downturn, it seems like a miracle is required if Nickel West and West Musgrave are to avoid the same fate at the Kambalda concentrator'

    AFR earlier today.

    That about sums it up and should be clear to everyone of sound mind that nickel in Australia is broken and won't be coming back anytime in the next decade (if at all) . It amazes me that the end is staring people right in the face but somehow there are people putting a positive spin on the assets and future upside in POS. How on earth you could come to that conclusion is beyond me.
 
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Last trade - 16.10pm 05/06/2024 (20 minute delay) ?
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