Once Production starts in 2022, POS will be cash flow positive from day one.
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Finding Nickel Sulphide Mineralisation is very difficult, developing a mine down to 1000m depth cost $100s of Millions. POS already have those facilities. Low Cost Development.
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Mining Infra (decline, driveways, electricity, water etc) are already there. Drill Drive will be used for mining Golden Swan. Best outcome is Golden Swan Extend all the way to Bottom Level of Silver Swan which is most likely the case.
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Ann: Further Drilling Results add to High Grade Continuity, page-158
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $35.57K | 8.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 115 | 94103326 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 29445658 | 48 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |