NP now $7.17 uslb Way way above & double the prior lows of...

NP now $7.17 uslb
Way way above & double the prior lows of 3.50-4.00 in 2015
In 2015 POS SP was 15c to 10c with MCap of $100M - $50M
The Mcap now is a fifth of that MCap when NP was half !
ANd also POS then had debt of $35M on top and only just acquired BS & LJ

In fact the POS SP and MCap were higher in 2013 than now when POS only had W and NO MILL!
NUTS.

POS now has 3 massive projects, $4B of built infrastructure built new by WMC BHP LionOre Norilsk plus 6 mine declines, 3 MILLS, 6 MINES, crushing circuits, staff camps, airstrips, roads and many toilets plus $$13B of NI JIRC in situ plus Li plus AU plus W Au tailings of $200M.

Its a veritable feast of assets and mines.
A mass producer in waiting with NO DEBT NO JUNKBONDS LOW CAPEX LOW Expenses.

Many others went to the wall and shuttered due to large capex of $500M - $2B like MCR PAN WSA ANL or fake unicorns with no infrastructure, no mills, roads or mines such as Noront OZL or due to low grades or expensive dirty laterite with high costs such as ANL MBN ESR NC1 et al.

POS got no such problems.
POS got a long long history of survival, CRs, building & renovating assets, C&M and cost cutting.

Even in the Ni winter of 2015-2017 when NP was half it is now, POS had a large debt exceeding its MCap but also a higher MCap & SP than today.

Now its got NO DEBT & the NP is double that of the Ni winter, its all about the costs, capex and assets.
Its business as usual.