POS 10.0% 0.5¢ poseidon nickel limited

Lithium is HOT right now. A lot of work was done on this in 2017...

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    Lithium is HOT right now.
    A lot of work was done on this in 2017 to find Li at LJ and turn the mill to a Li processor.
    You calling CI & MR discreditable also?
    This is what they said in the 2017 reports-

    https://wcsecure.weblink.com.au/pdf/POS/01905744.pdf

    "LITHIUM
    Demand for lithium in the form of spodumene concentrate continues to be high driven by demand for lithium in batteries and this demand appears likely to persist for many years. Spodumene ore is in plentiful supply, however there seems to be a shortage of processing capacity to convert the ore to saleable concentrate. We have that capacity at Lake Johnston and are actively promoting our capabilities to take advantage of this. Work by Poseidon and Kidman Resources has confirmed that the plant at Lake Johnston could be adapted to process ore to spodumene concentrate. This represents a considerable advantage in time and capital cost savings and a fast path to market approval compared to other potential hard rock lithium producers. We continue in our work to move closer to monetising that opportunity. There is the potential for spodumene to exist on our own tenements within 6km of the Lake Johnston processing plant. .. we plan to commence drilling in the coming months when conditions will be more favourable.
    CHRIS INDERMAUR - NON-EXECUTIVE CHAIRMAN"

    Poseidon Nickel (ASX: POS) will kick-off a drilling campaign mid next month at its 100%-owned Medusa Lithium Project, near the company’s Lake Johnston operations in Western Australia.
    The reverse circulation drilling contract was awarded to Core Drilling Service, which will carry out 4,000m of planned exploration drilling across the project, where previous rock chip sampling returned up to 3.85% lithium. “The Lake Johnston Medusa lithium project lies in a highly prospective area with several ASX-listed companies exploring the belt for lithium,” Poseidon Nickel chief operating officer Michael Rodriguez said "This is a key milestone for the company following significant work completed to date, including the identification and mapping of outcropping pegmatite, initial rock chip sampling, surface geochemistry, definition of high value lithium exploration targets, aerial radiometric and secured regulatory approvals to prepare drill lines for the exploration drilling program,” Mr Rodriguez added"

    Even Montezuma said this feb 2017-
    -
    "The Lake Johnston area has recently become the focus of intensive lithium exploration (Figure 1), due to known lithium occurrences at Mount Day and Lake Percy, and the recent discovery of the nearby, and potentially world-class, Earl Grey lithium deposit (Kidman Resources Ltd or ‘Kidman’1 . The area may also become a lithium processing hub, with Kidman recently signing an agreement to lease Poseidon’s Lake Johnston nickel facility for processing ore from the Earl Grey pegmatite deposit"

    You forgot all the Li work back them & the 4 Mber it brought to the SP.
    The only one who is discredited is you, dawg.
 
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