Well, looks like I was wrong that CI wouldn't have the appetite to bet the company prior to revenue hurdles being met.
Will be very interesting to see the funding package that comes through that will presumably go hand-in-glove with this decision. Even with some possible pre-sales (how does that work when AU$NP are at >20% below our feasibility hurdles?) and debt(?), I cannot imagine the full amount being raised prior to revenue hurdles being met without a significant dilutive CR. Looks like the pump is on!
Hope this is not a cynical (and expensive) attempt at staving off the second strike by posturing that "things are happening" prior to the AGM.
The next 3-4 months will prove interesting...
Ann: Poseidon Nickel Appoints CEO, page-6
-
- There are more pages in this discussion • 65 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $30.48K | 7.695M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 115 | 91754466 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 37104897 | 52 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |