POS 16.7% 0.5¢ poseidon nickel limited

You all forgot. LJ is the jewel in the crown a label put on it...

  1. 9,746 Posts.
    lightbulb Created with Sketch. 4202
    You all forgot.
    LJ is the jewel in the crown

    a label put on it by LEGEND CEO DS in 2014 who acquired it from Norilsk in SECRET for a year until June 2014 then kaboom an easy 4-5 MBer runup

    LJ is a massive tenement bigger than Nova worth $4B to IGO now, LJ has:-
    - the same size MILL as Nova 1.5MTpa but only used for 4 years 2009 to 2013
    - LJ is a "turnkey" operation restartable in months (as coined by DS in 2015 also, see BFS 2015)
    - way higher grades of NI at EA 14kt at 4.1% (see 2014 BFS) & at AR 5.1% even better v Nova of 1.9% and going to 1.3% (used to be 2.1%)
    - an airstrip
    - crushing & flotation circuit
    - 200 person staff camp (even AFTER camp parts taken to BSwan)
    - numerous buildings, staff rooms and toilets
    - sealed roads access & large UG entries
    - 14KT nonJORC resources at EA mine as defined in the 2015 BFS by DS worth $406M revenue in situ alone
    - 90KT JORC resources at MH mine still
    - 2 prior producing mines at MH & EA
    -  a monster 13km of strike length at WUU just discovered
    - a monster AR mine discovery which LEGEND geo NH described in 2015 POS AGM as a Flying Fox but horizontal
    (NB- FF has produced over $2B of revenue for WSA IGO last 12 years, valued at $600M)
    - hit Li in 2016 and still has large Li deposits
    - can convert its MILL to Li production easy

    MINRES has put LJ and its assets in flouro skylights now but lost a fortune on it itself, a great free PR trip for cheap POS,
    MINRES OWES POS BIG TIME, I was SPOT ON !

    You all on here forgot. but the POS management haven't forgotten,

    LJ is the jewel in the crown.
    Last edited by tomboy: 17/05/24
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
-0.001(16.7%)
Mkt cap ! $18.56M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $72.21K 14.43M

Buyers (Bids)

No. Vol. Price($)
45 20637007 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 35270472 31
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.