POS 0.00% 0.5¢ poseidon nickel limited

Lake Johnston Lithium, page-13

  1. 1,220 Posts.
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    I do wonder if someone will chuck in a bid at ~2.2c Even if you assign zero value to the BS, SS, GS, LJ & Windarra mining leases, the infrastructure alone must be worth 100m, even in it's current condition? It would give a bit more certainty than circling like vultures waiting for a fresh corpse and hoping to grab something in the sell off.

    How low do you think they can trim the costs without turning off the pumps and flooding BS again? I feel for Craig, with the current Nickel price and future prospects with Indo swamping the market, I reckon PH has passed him the helm of a sinking ship... I think PAN's woes are the canary in the mine for the aussie Nickel market.
 
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