POS 0.00% 0.5¢ poseidon nickel limited

Didnt you read this recently? - CEO, Brendan Shalders,...

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    Didnt you read this recently? -

    CEO, Brendan Shalders, commented: “We are very excited on the suite of quality lithium and nickel greenfields targets generated from recently completed low cost exploration programs at both the Lake Johnston and Windarra Projects. Based on the success of these programs, progressing our Greenfields exploration portfolio will continue as one of the key strategic pillars for the company moving forward. At Lake Johnston specifically, the Company has recently defined multiple broad anomalous lithium values (>100ppm) over a strike length of 3km, similar to levels reported by other exploration companies exploring for lithium bearing pegmatites in the region. With the recommencement of field activities, rock chip samples have been taken from numerous newly identified outcropping pegmatites in the southern Lake Johnston area. In addition, during late 2023 the Company entered into an Earn-in Agreement with Mantis Resources over tenements adjacent to the Company’s which host outcropping lithium bearing pegmatites returning high grades from 2.80% up to 3.85% Li2O."

    Then there is that MASSIVE TURNKEY MILL at LJ same size as Nova plus 3 prior producing mines plus Abi Rose which is a Flying Fox but horizontal as stated by LEGEND Geo NH at the 2015 AGM and then there is all that 100KT JORC at MH and 14kt nonJORC at EA at 4.1% also worth $2B in situ.

    LJ is bigger and larger project with way higher grades than Nova at IGO imho.

    But wait, they have found 2.3% grades at MH mine also, WOW.
    But wait they also have a 13km strike length at WUU across LJ tenement

    Lets not then forget BSwan MONSTER project & massive dewatered open pit and the 2nd largest NI MILL in Oz there also.
    And then theres Windarra and its historic poseidon bubble fame of a 1000 x MBer run in 1969 still a good mine and large tenement plus $300M of gold tailings in situ.

    LiP UP near all time highs
    NP UP at 9 month highs
    CuP at 2 year highs
    Gold at record highs

    Last time NP was at 9.40, POS SP was at 4.60c !
    POS has NO DEBT NO OFFTAKE NO WORRIES looks like.
    They keep spending on drilling and management so its business as usual.

    Cant believe the SP here honestly.

    Trading rule 1
    buy low, sell high, never sell at lows, buy at all time lows
 
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