POS got NO DEBT NO OFFTAKE NO JUNKBONDS NO CREDITORS. There is...

POS got NO DEBT NO OFFTAKE NO JUNKBONDS NO CREDITORS.

There is no production no unpaid debts or large forward expenses.
The only expenses are almost all directors salaries and pumps at BS.
No Trafigura to pay nor be sued by unlike MCR/AFAF PAN WSA/IGO all facing.

Last 13 years POS has raised annually CR easy peasy even $50M at 18.0c in 2015
The last 3 CRs were heavily over-subscribed at 3.5c 5.0c 11.0c

If you bought stock at 11.0 or 3.5 why not at 0.8c?
Average down is a strategy.
And POS has 2 prior offtake debt loan offers
We know they had an offer of $62M debt last year as stated in the MST Access estimates for 2024.
Plus AFAF stumped up an unsecured loan of $20M in 2015.
Twigger of PCF/Argo also was sniffing around here last year.
Then theres the FED grant of $120M that POS can relodge from PBT JV and the FEDS love POS we know this already.

and look 99.99% of LTHS are NOT SELLING or trading, look at the volume, sub 3M daily now on ASX, thats less than 0.01% of SOI.

We LTHs here have stumped up funds since 2007 here for 17 years straight so nothing new now,
its business as usual.

I think some are confusing the cashloss blackhole mining disasters of $14,000M of MCR/AFAF , OZL/BHP, WSA/IGO, PAN or even MBN AGO.

POS aint them.
POS got NO DEBT, NO OFFTAKE, no TRAFIGURA creditor, no yankee junkbond creditors or CNotes, Its got a clean balance sheet and massive assets with $120M spent on the assets since 2013 buddy !

Dont compare that crap chalk with our top cheese my non holding buddy.