deal pending with poseidon nickel

I think Ive picked it. I note that POS say they are in exclusive negotiations with an undisclosed party about acquiring a nickel project in WA. A quick look around and it seems Magma could be that party.

They have plenty going on in Canada so I would have thought the WA assets could be seen as non core (particularly as they are pretty much at a grass roots stage)

A suspect say a 60% 40% farm in deal with small cash sweetner and a free carry to a BFS.

Even at these levels it appears Magma maybe fully valued. It may not be dependng on the deal structure. I also expect Magma to get listed on the TSX.

I need to study this one a bit more.