CEO doesn't look worried, perturbed or lacking cash whatsoever....

CEO doesn't look worried, perturbed or lacking cash whatsoever.
Whoever alleged that didn't hear him or PH very well at all.
Drilling & C&M carries on as does the interest in using the processing MILLS.

"CEO, Brendan Shalders, commented: “The funds received from the Entitlement Offer will allow the Company to complete soil sampling programs focussing on numerous high prospective gold exploration targets at Windarra, Lake Johnston and Black Swan. Coincidently these programs will also test for lithium at Lake Johnston and nickel at Windarra, presenting a more efficient use of funds. Funds will also be applied to maintaining our assets which continue to receive inbound interest from parties interested in utilising our processing capabilities. Our processing facilities present near term development options for Poseidon, as well as companies that have mineral resources without established processing infrastructure who are proximal to us. We thank our shareholders for their ongoing support and look forward to potentially unlocking the multicommodity opportunities across our projects”


POS got NO DEBT NO JUNKBONDS MASS BUILT ASSETS.
Backstabbers BMM AFAF Citi all got smashed to bits holding worthless stock and the buyers keep buying lower and lower.
Shoulda either taken higher control or the money and ran BMM AFAF Citi ! DUFUSES.

What death card?
Never was in the pack buddy!
Its business as usual !