Ann: More Nickel in Updated Black Swan Mineral Resource, page-68

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georgeaux

10,870 Posts.

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07/07/22

09:46

Post #: 62414641
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Originally posted by Deanostock ↑

The pragmatist in me would ask why all of this effort to get what is essentially the same result as that determined back in 2014...

From my uneducated perspective it is a very small increase. So to put an alternative view it would seem that POS are chewing through an enormous amount of money re hashing old activities that from my reading are all turning out to be pretty much on point. They are even using the same companies to do the work so obvioulsy have trust. Why cant they trust the previous work completed and get on with things?

You cannot change what has elapsed, however you can learn from it and determine there is a better way forward. Now more than ever PH needs to act with a new level of urgency as it looks as though holders are getting scared and impatient whilst the macro is uncertain. Whilst nothing is perfect some level of certainty around when POS will begin to generate some dough will IMO go a long way to stop what is a scary decline in SP.

Really frustrated with the tailings lack of updates too - usually POS are quick to announce a push, delay, new extended gant etc. Are they awaiting the unicorn here or deep into a protracted negotiation that is down to a 5% movement from one side or the other?

Time to commit.

GLAH

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...the fact is they could care less about timelines or the share price...those handsome paychecks just keep rollin in week after week...year after year...regardless...

...and they just welcomed another guy to join in on the party on the shareholders tab...ya gotta give it to these guys...

POS Price at posting: 4.3¢ Sentiment: Hold Disclosure: Held
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