POS 0.00% 0.5¢ poseidon nickel limited

looking interesting, page-53

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    Oh dear. Wrong again re-the BS complex.


    I have very "deliberately" added in the BS open pit grades because... wait for it... they are an integral part of the BS complex re-start strategy. Yep, it's all there for anyone who is remotely interested in the truth the verify for themselves. (This is turning into a farce now.)


    You should read the BS complex FS announcement released to market on 18/07/18, which clearly stated that the SS u/g mine and also the BS open pit together formed part of that integrated project FS. It's there plain as day for anyone who wants to take the time read it (sans the goggles). Furthermore, with SS deeps only contributing ~3,300t of contained Ni Reserves, where did you think the other contained Ni metal tonnage was going to come from to make up the expected ~23,200t* life of project Ni production for the BS complex FS?? That's our own ore I'm talking about, not any tolling of other's dirt relating to the surplus 50% of capacity of the BS processing plant.


    Hopefully the deposits at LJ prove up to be better than the weighted average grades at the BS complex. Prioritizing the BS complex at this stage makes sense at this stage because it has the JORC-compliant deposits (tonnage) that is presently lacking at LJ. Some more drilling at LJ wouldn't hurt and would help prove-up what has been found there to JORC standards.


    And here I was thinking that posting a paint-by-numbers screenshot of the JORC Statement might be enough in the way of substantiation... [shakes head in utter disbelief]


    (*This additional information was trickled out in the quarterly report dated 30/07/18 - p.3)



    Last edited by zebster: 31/12/18
 
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