POS 12.5% 0.5¢ poseidon nickel limited

This company needs to stop with the vague announcements about...

  1. 735 Posts.
    This company needs to stop with the vague announcements about the drilling and start providing accurate and conclusive details. It's no longer in any position to drag it's feet on these timelines. We are down to 17 weeks for the company to make good on this project before it could be shelved indefinitely.

    The company has provided only two updates since they started drilling last year and frankly it's not good enough to continue in this way. They should've had enough time to do their due dilligence over the DFS by now so why hasn't that been released. Investors are already sceptical as can be seen by yesterday's drilling news and the reaction by the market that time is running out for this company to make good on all their promises.

    Investors here on hotcopper need to stop tip toeing around with this company and pretending that everything will be okay just because Twiggy's involved and start questioning the company on why so many announcements haven't been released yet to market.

    We all have our money tied up here and as yet no one on hotcopper seems to be concerned with the short timeframe left to go and the consequences of the company failing to provide the government with all the necessary documents in order for the project to continue.

    I'm surely not the only investor here a little nervous about the company's position as it stands now.
 
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