POS 0.00% 0.5¢ poseidon nickel limited

Black Swan Production Restart, page-608

  1. 13,234 Posts.
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    Till POS goes into production, POS share price probably will probably hoover around same prices. That happens to all companies. Reason is 90% chance is there will be massive cost blow out of plant refurbishment. BFS means nothing.
    ..
    Just in 12 months plant refurbishment cost has gone up from $18 million to $38 million. It happens to most of the mining companies (WA is notorious for massive cost blow outs).

 
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