POS 25.0% 0.3¢ poseidon nickel limited

Inferred to Indicated, page-37

  1. Jul
    363 Posts.
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    Imho and I am not a mining or milling expert , POS having a 2.2 capacity mill rather sets POS up to mill anyone's Nickel ore.

    A bit like taking in washing and sewing to make ends meet.

    Also I guess it means POS can toll mill other similar ores like Cu ores. That is a question. I am not a mining or milling expert.

    So maybe an ancillary business model is one where POS tolls ores Ni and Cu from many sources, while also doing its BSD and SS and GS mix for 1.1.
    'Inferred to Indicated' is rather out of date in such business models.

    Or maybe the business model is one where POS should stick to Nickel Sulfide ore.

    Welcome your comment.
 
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