POS 16.7% 0.7¢ poseidon nickel limited

Is another Poseidon boom coming?, page-4

  1. 9,724 Posts.
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    yes this is going to run.
    POS is set up way better with more cash and resources and infrastructure and with no debt and no dilution than ANL FMG PAN were set up preproduction.
    Remember ANL had a $1B debt loan and used debt to build all its MM infrastructure before embarking on its 25 bagger run in the 90s.
    Remember FMG had $8B loans to build its mines and rail at preproduction

    POS has none of that debt and has all the infrastrcture and processing plants, declines and staff rooms/roads/toilets already built and waiting.
    POS ran 20c to $4 in 2007 without a mill or a producing mine but on a much tighter share register

    Can POS do a PAN POS ANL FMG type runup,
    Damn right it can. it has and it can again!
 
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