POS 14.3% 0.6¢ poseidon nickel limited

Ann: Leadership transition to follow new funding, page-45

  1. 91 Posts.
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    Yeah I think we have to back them in. Black Swan well progressed with a lot of uplift spend over recent years. POS already had to put things on hold due to Western Power grid/transformer upgrade required anyway. So in that regard we had already planned down time till Nov/Dec24 for starters. The fact we now have some cash on hand, have reduced further outgoings ($1.4M from LJ alone) means we could be in a position to make it through to the next rally. Let's hope this new CEO hangs around a bit longer than the last and has a desire to leave a positive legacy with the company and for its SHs. Still a believer!
 
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