Great move by the new CEO
AU is at record high GP.
POS has abundance of Au everywhere and JV mines all around its projects esp kallers
POS has NO DEBT NO JUNKBONDS
POS has no yankee bondholders
POS has MASS production ASSETS MILLS MINES & a dewatered massive OPEN PIT
POS still has BMM as top holder which hasnt sold but caps and churns
POS has churned over 2.5B of shares in the last 18 months, massive amount, with many new holders buying cheap while others taken large capital losses at the lows
I mentioned the AGO scenario repeating many times
AGO went from 400c to 1.0c and had $250M yankee junk bond debt & we were told it was dead and going under daily, then we discovered 3 billionaires bid for it MIN AFAF Gina
Gina won and now made $20B on AGO for a buy of $0.45B while the LTHs got stuffed after AFAF dumped his "strategic stake" cheap to her.
AFAF MIN both lost $20B on AGO, DUFUSES
POS got NO DEBT
POS got no AFAF on the register anymore
POS got a bid for LJ from MIN which failed
POS got heaps of Ni Li Au all over.
POS has large NI JORC in situ
POS has LARGE MILLS that can process NI LI Au
POS has options, it can take on debt or more cheap CR
POS has thus far refused BIG BOY its large cheap CR
POS has low capex and massive assets, it is in better position now than even on 2013-2015 when it had $33M DEBT and $3M cash at bank with MCap of $30M
AGO scenario looks like playing out here again as the BIG BOYS circle.
POS has done deals with GMD MIN BHP PAN AFAF/FMG Tsingshan last 15 years, they know us well.
POS can get govt grants for Ni & Au & battery metals pCam refining
PBT got a $120M FED grant for using POS ore and support, POS can get the same if it wants to.
POS can get grants for Au Ni drilling easy.
The pathetic talk of death is folly as POS has NO DEBT & MASS GOOD ASSETS.
Another good high grade hit of Au again anywhere and UP and away she goes imho.
All those 70M BUYERS WALL buyers last 12 months at 1.30-0.40c want a profit im sure.
Trading Rule 1
Buy low sell high
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.54M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $2.616K | 870.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
108 | 64156814 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 43849065 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
108 | 64156814 | 0.003 |
35 | 65284719 | 0.002 |
23 | 93592753 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 43849065 | 25 |
0.005 | 37630263 | 22 |
0.006 | 9078000 | 13 |
0.007 | 8518277 | 9 |
0.008 | 1800000 | 1 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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