POS 14.3% 0.6¢ poseidon nickel limited

Black Swan Production Restart, page-12

  1. 9,617 Posts.
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    EXHIBIT I now corroborated
    why dewater the open pit if you aint mining it at any time in future, doesnt make sense and a waste of money then right?
    dewatering is a BIG SIGNAL, that they will be using the lower grade circuit 2 via the BS open pit ore likely mixed with the high grade ore from GS SS Gosling

    this circuit 2 would double the revenue at an average grade of only 1.1% at a 1.1MTpa throughput rate
    if that grade was 1.6% like from W ore or BS disseminated or mixed with SS GS ore
    then KACHING, revenue could increase past $240Mpa to $330Mpa EBITDA in 2023

    They have been dewatering the SS declines for years, installed new pumps I remember.
    Caputo (AC) has been BUSY
    He was the famed caravan guy but now has a fleet of super caravans & caravan parks, the caravan tycoon!
    The engineers & AC on site are leading this now.

    the restart is underway imho.
 
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