POS 20.0% 0.4¢ poseidon nickel limited

Fair Valuation of POS (Poseidon Nickel), page-27

  1. 914 Posts.
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    Yeah MUFC-1. Thanks for asking. I am watching the Noosa conference you posted. My issue is not just about the past. It is also about the song Mr Peter Harold is singing now. Never POS fault for delays / change of plans. What is to prevent Mr Harold in 6 months time from coming up with yet another excuse. ABSOLUTELY NOTHING. Based on his track record at POS, I think this is very likely. But it seems that there is nothing that we SHs can do. i guess we will just have to wait a bit longer.

    With the resources and assets we have, there is no way we are worth just 6c for a TO offer. Look at the Lithium companies. So many of them were hovering around the 1c mark (from memory or a few cents). Lithium boom and they rocketed above $1, printing more money than they could dream of (some companies now worth in the billions). That's why, despite the extremely poor performance of PH and his A+ team, we will eventually print money as well in a nickel boom.

    My shares will we kept in the bottom drawer until then.
 
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