LJ is a MONSTER PROJECT worth the same as Nova around $4B imho...

LJ is a MONSTER PROJECT worth the same as Nova around $4B imho
its has the same size mill as IGOs NOVA plus 2 prior producing mines m=plus gold and large Li discovered there.
The MILL is better and newer than BSwan even.
It was classed as "turnkey" in 2015 by the POS CEO & in C&M ever since with numeorus upgrades and drill hits since
In 2016 the Geologist NH jumping with joy at the POS AGM 2016 called Abi Rose a new Flying fox but vertical (after WSAs FF mine worth $2B).

I also posted this with the attached announcements from 2014-2016 -


No KD you are misleading the public and downplaying LJ!
You are referring to Maggie Hays medium grade JORC listed & ignoring Emily Ann (46,000 tonnes of nickel during its mine life at an average grade of 4.1% nickel) and ignoring Abi Rose (4%-10% grade hits) which are both high grade deposits at LJ.
EA was part of the BFS of 18 May 2015 & historically produced 46kT!, see below -

The detractors of LJ ignore EA & AR high grade deposits, ignore the horizontal flying fox comments on NH DS & the cheap turnkey restart in 2015 in the BFS of 2015.
I have numerous times called on them to update & add in the JORC for EA & Abi Rose at LJ yet nothing for 7 years already and excluding it is diabolical. There is likely another 100kT+ there from these 2 forgetting the further hits south also.

DS stated "Emily Ann has resources of 334,000t grading 4.18 per cent nickel" in his preso dated 2015, its never been included in the LJ tables!
"Poseidon Nickel Ltd. (ASXOS) announced plans to drill a “highly prospective structurally-offset electromagnetic target” that was identified next to the Emily Ann deposit at the Johnson Lake project. Emily Ann was a high-grade massive nickel sulfide deposit"

Read the ASX announced reports!

https://poseidon-nickel.com.au/lake-johnston-news-from-ceo-and-md-david-singleton/

https://wcsecure.weblink.com.au/pdf/POS/01551301.pdf

https://wcsecure.weblink.com.au/pdf/POS/01625851.pdf

"Lake Johnson Mines
• Large faults also offset and terminate mineralisation
• Granite also thrust over the ultramafic host potentially “hiding” mineralisation
• Potential for offset blocks of ultramafic under the granites to the west
• Ore body horizontal so cheaper to mine and explore
• ≈ 4% nickel ore bodies already discovered

Lake Johnston geologically similar to WSAs Flying Fox with offsetting faults but ore body horizontal not vertical

"Emily Ann resource was high grade (3.97% nickel).."

Emily Ann
The Emily Ann ore body was a high grade (circa 4%) ore body mined from 2006 which was
thought to terminate along the Toolangi Fault (Figure 4). Norilsk Nickel was developing
access to an identified extension to this ore body although the work was terminated in 2009
when the site was closed during the financial crisis. This ore body was designated Emily
Ann North.
Emily Ann North
Emily Ann North (EAN) is situated approximately 150m north of the Emily Ann mine. Norilsk
Nickel estimated a non-JORC compliant resource which contained approximately 14Kt of
nickel at a grade of 4.2% nickel."