POS 14.3% 0.6¢ poseidon nickel limited

Ann: Lake Johnston Drilling Underway, page-20

  1. 13,234 Posts.
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    Did you read about Black Swan Plant Status? Here are abstract from Research Report (link 2023.08.17-MST-Access-POS-Update-Note-17Aug23.pdf (poseidon-nickel.com.au)
    ..
    "The SAG mill (1.1mtpa of capacity) has a crack in it. This will require a reasonably significant repair, but will not need to be replaced" Any thing significant means a lots of money.
    ..
    There has been a wall failure at the southern end of the pit. The failure is not significant, and as the pit requires a cut-back in order to reach the deeper open pit ore, the wall failure will be corrected by this process
    ..
    Link below
    2023.08.17-MST-Access-POS-Update-Note-17Aug23.pdf (poseidon-nickel.com.au)

 
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