POS 16.7% 0.5¢ poseidon nickel limited

Hi lads on the Ark, Just swiped the whole line of 7.2c & bought...

  1. 9,743 Posts.
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    Hi lads on the Ark,

    Just swiped the whole line of 7.2c & bought another parcel to 7.3c.
    This is just too cheap to resist, cant believe its still under 10c.

    If ESR is worth $100M on a few decent drill hits with 0 production in next 3 years with 0 mill capacity at 1.07% grades
    If WSA is a $650M MC with 20,000T production & a 600kTpa mill capacity at 4.0% grades
    What is POS worth if its producing 40,000Tpa with 3.7MTpa mill capacity at 8.0% grades?
    Is it worth double - triple WSA?

    Looks like those cappers and sellers arent around anymore or at least till 9c
    I couldnt help myself, these sellers didnt attend the AGM or hear PH or even look at the drill results.

    If the Geos & PH were jumping for joy, I think we LTHs will be soon too.
    Citing PH, lets get the SP to new highs!

    Im an averaging down BUYER yet again.

    POS is the 2nd Force in Nickel Ore.
    Last edited by tomboy: 27/11/20
 
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