POS 33.3% 0.4¢ poseidon nickel limited

Fredy, in the early days before all the dilution there was talk...

  1. 198 Posts.
    Fredy,

    in the early days before all the dilution there was talk of a share price of many dollars by management.

    Now with the low nickel Price, massive dilution,three mines to manage and two processing plants to maintain your one dollar may even be a pipe dream.

    This management team has always been way off track. Windarra could have been producing many years ago when Nickel price was high, but DS seems to always be looking elsewhere for greener grass.

    Unfortunately all the sites are fairly low grade and marginal at the best of times. Luckily for DS the Aussie dollar has dropped as well to give a workable Nickel price.

    They simply need to start producing and getting some money in the door. If the BHP deal is not workable truck it to BS. If LJ is the jewel in the crown as DS says start it up and get some money in the door. DS needs to start earning his 10K per week.

    Money is running out fast with most options of raising it not available after last mess.

    Fredy post some facts rather than your dreams.
 
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