This is how I read market now a days. More than 700 Junior Mining Companies listed on ASX, 95% of them are there just for time pass. Only few mining companies makes very serious effort to push project ahead and do hard work. POS is making all possible effort one can make. Area is full of Nickel . As long as POS keep drilling and trying their best, good enough for me.
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Also Poseidon Nickel already have three mines and two plants > Assets are worth fortune. Any new entrant entering need to spend 4 to 5 years to get Environmental Clearance, FID Plant Design, Built it , Test it and Operate it.
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Ann: Proposed issue of securities - POS, page-119
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Last
0.4¢ |
Change
0.001(16.7%) |
Mkt cap ! $12.99M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.156K | 311.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 45651145 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6171917 | 24 |
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| Last trade - 15.58pm 12/08/2024 (20 minute delay) ? |
| POS (ASX) Chart |