Dear all LTH,
PH has done a massive job and we get great impact in our share price from 3 to 10 cents since he has come on board. Well done PH
In addition when you look at the company's strategy and the nickel market we can have big hope
10 or even 5 years ago our share price could have been trading at 50 or even a buck
It will happen steadily ; again despite the big job done by PH we have JUST moved from 3 to 10 cents which is a beautiful but compare to the potential value it sounds to be peanut why ?
-Nowadays investors including financial institutions have short view ; they get 10% of value then off
-2.6 billion shares - From 300 m to 2,6 the past 14 years ; Most of CR was about to keep our company alive and not for company's income and profits. In addition the nickel market was dead - BUT the past 12 months all CR was about to make our company profitable ; then our share price has moved up significantly
One word about Fortescue ; It has over 3 billion shares issue but all CR was about to make the project valuable all along the past 20 years..Of course there have been others factors such as the iron ore price from 45 usd a ton to over 200 and so on; but FMG strength is their COP, less than 13usd a ton ; magnificent
-Investors look at Poseidon history ; as you know since 2007 we have not yet shipped out one single rock of nickel ; PH is rebuilding confidence by showing the profit investors can make ; it takes time
BUT
- With current assets (plants, 400KT nickel) at 8.50 usd per lb ; Poseidon should be profitable ; No updates for a long time
- No debt
- Any good discovery from our drilling, it will increase our resource even reserve but also drop significantly our COP1 - This is our company's strategy similar to Fortescue - We are still hanging there!! cross fingers
CONCLUSION
25 CENTS THEN 50 THEN A BUCK
AS SOON AS THE LAST FIGURE YOU WON T HEAR ABOUT ME ANY MORE
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- it will happen steadily
it will happen steadily
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Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $44.42K | 10.96M |
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No. | Vol. | Price($) |
---|---|---|
76 | 35438671 | 0.4¢ |
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Price($) | Vol. | No. |
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0.5¢ | 11634354 | 27 |
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71 | 34883671 | 0.004 |
32 | 35502592 | 0.003 |
17 | 28050479 | 0.002 |
17 | 24100201 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 7856178 | 25 |
0.006 | 29754512 | 22 |
0.007 | 33355459 | 44 |
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0.009 | 5088007 | 13 |
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