POS 12.5% 0.4¢ poseidon nickel limited

Ann: New Mineralised Zone Identified at Lake Johnston, page-89

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  1. 2,476 Posts.
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    last time Share was issued for interest payment was 1/10/2014, around 2.2 million share was issued.

    the last 1/4lt, the loan liabilities, it stated that it is at 35,103 AUD, abit under stated isn't it?

    reason for focus on windarra was raised by another poster, to get to LJ, we need $$$, to ensure windarra restart on time, we will then generate $$, then we can move from here at windarra to there at LJ.

    In any case LJ is in early days, for what is already known within the ore is low grade high cost. the full engineering report is not due until March, then restart 6 month from financing. may be this time next year. by then windarra is in full swing and 2 production report out. from there we would then able to determine capabilities of what we have as an income.

    the management need to know how to get to the outcome that the themself committed to shareholders.

    Pre open looking good for SIR yet again, going for another jog while we stand still.

    Cashflow, production report will be the next sustained driving force for the share price, until then it will hang around at this level.
 
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