POS poseidon nickel limited
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The board needs to reel PH in.Stop spending on the 2.2MTPA study...

  1. bacci
    12,805 Posts.
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    01/12/22
    13:09
    Post #: 65097718
    The board needs to reel PH in.

    Stop spending on the 2.2MTPA study of complex engineering options. Stop the drilling at LJ.

    Just get BS/SS into production at 1.1MTPA with the existing plant.

    Get cash flow started then use that cash flow for other options.

    The share price is 1/3 what it was at the start of the year while nickel price in AUS is 3x. That is PH's current score.

    bacci
    POS Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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