POS 25.0% 0.3¢ poseidon nickel limited

Ann: Trading Halt, page-25

  1. 1,082 Posts.
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    Depends on what the 20m (23m?) is earmarked for. Immediate needs seem to be:

    1/ infill drilling of SS to increase the official Reserve (that might be urgent if it means keeping the Webdrill guys onsite)
    2/ refurbing the 150ktpa Silver Swan circuit (with added crushing)

    I'd be very happy if that's what the money is going to do because it's a pathway to production ASAP. I'd be displeased if it was for a bit of drilling and to pay rent on flash offices...
 
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