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POS poseidon nickel limited

0.00%

0.6¢

Consolidation of Nickel Producers Begin, page-4

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lesv

3,990 Posts.

785

20/08/21

06:46

Post #: 55431065
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Originally posted by lesv: ↑

this is an indication of minimum takeover potential offer for pos, in november 2019 igo attempted takeover of pan at 47.6 cents but failed , pan now is 17 cents ( pan was 23 cents when takeover offer attempted) but nickel potential is much greater now, pos has much higher grades and much more potential , it shows how undervalued australian nickel explorers are compared to 2 years ago, if pan couldnt be taken over for 47.6 cents 2 years ago cant see pos bring taken over for anything less than 50 cents

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forgot to add pos and pan are similar market caps so I think share price comparison is reasonable (pos mkap $346M , pan mkap $348M

POS Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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Consolidation of Nickel Producers Begin, page-4

Top Stories

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

History repeats for DroneShield investors but carnage so far subdued

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

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HotCopper Highlights: Trigg; Droneshield; Lumos & more

Syrah jumps +19% as graphite tariff threat spurs optimism down under

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