POS 0.00% 0.4¢ poseidon nickel limited

When I told my wife that I sold our POS shares back in 2022 at...

  1. 911 Posts.
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    When I told my wife that I sold our POS shares back in 2022 at 0.045c she told me I was a f'ing idiot.....I told her today POS is now 0.09c.She said I was really smart to sell back at 0.045c!

    I completely agree with your wife when she said you were a #### idiot. I totally disagree with her when she said you were smart. You do realise, don't you, that 0.09c is greater than 0.045c !!!!! And btw, you mean 4.5c and not 0.045c. And 0.9c, not 0.09c.

    Apologies KD, I just could not resist. In truth, you are smarter than the lot of us here. We have been taken in by PH's announcement every single time. Every time PH was announcing that POS was very close to a restart, we believed him. We now know that all this POS restart announcements have turned out to be incorrect at best. It seemed to me that he was taking credit at the AGM for not restarting POS back in July. But I ask PH, was everything else ready for a restart such as metallurgy, power, accommodation, etc? The answer is NO.

    What do you and others make of the high turnover of the past few days. Does that mean a CR of 1c has already been ironed out and will be announced in the next few days? Is BMM exiting? Anybody has a 'who is selling' table? The 2.2 mtpa PFS does not look that good? What are the chances of selling Windarra and how much can it bring in?

    I totally agree with you that we need to find some decent intercepts through drilling. The best location is SS / GS IMHO as this is supposedly first in line to restart, if ever. Target 5 seems to have been a 400m drill hole. Not much chance of hitting anything with this kind of drilling. I hope CJ will focus on SS / GS and do some decent drilling there. To do this, we need to decrease the over the top salary of management and redirect these funds towards drilling. From memory, 78% of SHs voted against the remuneration report at the last AGM. I expect Craig Jones to action this and decrease management's salary. Ethically. he has to IMHO.

    Do we need all this top heavy management team on sky high salaries for a company that is on life support? Come on Craig Jones, please, take 50% of your salary as shares and invite the others to do the same, even if it is for one year only. Please show some leadership, compassion and understanding.
 
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Mkt cap ! $14.85M
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0.4¢ 0.5¢ 0.4¢ $44.42K 10.96M

Buyers (Bids)

No. Vol. Price($)
76 35438671 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 11634354 27
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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