POS 33.3% 0.4¢ poseidon nickel limited

I would have thought this is a totally different scenario to the...

  1. 2,841 Posts.
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    I would have thought this is a totally different scenario to the previous rise from its lows.

    Previously, the buyers believed ( to a certain extent anyway) that POS was very close to funding and production, hence the speculative buying and the price rise.

    This time around the company's plans seem to be more of battening down the hatches and trying to reduce costs to preserve what's left in the cash box. Not really a growth plan, is it?

    Good luck with your 17 cents prediction though. Hope it plays out for you.
 
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