POS 11.1% 0.4¢ poseidon nickel limited

Ladies & Gentleman, you all forgot, POS GOT LIHIUM at LJ in...

  1. 9,768 Posts.
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    Ladies & Gentleman,
    you all forgot,
    POS GOT LIHIUM at LJ in MASSIVE HIGH GRADE QUANTITIES

    "impressive grades of 2.80% up to 3.85% Li2O2"
    "multiple broad anomalous lithium values (>100ppm) over a strike length of 3km"

    WOW

    "Numerous pegmatites have been identified and rock chip samples collected from within and proximal to an exciting broad, coherent >100ppm Li2O anomaly reported by Poseidon in January 2024. Soil sampling planning to extend and infill the anomaly is underway
    o The scale of the Lake Johnston open-ended lithium soil anomalies are already commensurate to other soil anomalies reported by peer lithium exploration companies working in the greater Lake Johnson region
    o Planned surface sampling programs to continue onto the highly prospective Mantis Resources tenements that were recently acquired via the Farm-In Agreement in late December 2023. The tenements contain outcropping pegmatites with impressive grades of 2.80% up to 3.85% Li2O2

    CEO, Brendan Shalders, commented: “We are very excited on the suite of quality lithium and nickel greenfields targets generated from recently completed low cost exploration programs at both the Lake Johnston and Windarra Projects. Based on the success of these programs, progressing our Greenfields exploration portfolio will continue as one of the key strategic pillars for the company moving forward. At Lake Johnston specifically, the Company has recently defined multiple broad anomalous lithium values (>100ppm) over a strike length of 3km, similar to levels reported by other exploration companies exploring for lithium bearing pegmatites in the region. With the recommencement of field activities, rock chip samples have been taken from numerous newly identified outcropping pegmatites in the southern Lake Johnston area. In addition, during late 2023 the Company entered into an Earn-in Agreement with Mantis Resources over tenements adjacent to the Company’s which host outcropping lithium bearing pegmatites returning high grades from 2.80% up to 3.85% Li2O"

    This is on top of the 13km of Li NI strike hit at WUU released this year

    We are on a larger Li discovery here than Nova and Greenbushes looks like all for $20M LOL.
    When PLS discovered its Li mines its SP went a 100 MBer.
    When SIR discovered Nova on its last drill hole its SP went from 5c to 50c in weeks and then onto 500c on offtake and financing
    In 2016 POS SP went from 3c to 14c in 2 months on much smaller but still high grade Li discoveries at LJ.

    Where will POS from 0.50c go now in 2024 compared to 2016 and PLS ?
    WHY have 1000M SOI been swept up easy dirt cheap last few months?
    WHY did MINRES bid for then dump LJ with the massive value it represents?!

    The Li discoveries are MASSIVE here.
    Market loves it as do all those 1,000M BIDDER WALL BUYERS last 2 months under 0.70c.

    Run up on cue, I was SPOT ON AGAIN.
    Last edited by tomboy: 17/05/24
 
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