POS 0.00% 0.4¢ poseidon nickel limited

So the predicted fire sale has happened and the lights will stay...

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  1. 1,304 Posts.
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    So the predicted fire sale has happened and the lights will stay on... but now what? The board will get paid, C&M costs will tick over for a few years, but as a shareholder do you sit and wait for Nickel to recover? Hope they pivot to another commodity and score an exploration miracle? If you are a true believer 0.7c looks crazy cheap... otherwise POS is now the epitome of a penny dreadful, which would explain why the SP is sitting at an all time low despite this 'positive' news.
 
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