POS 33.3% 0.4¢ poseidon nickel limited

News: POS Estrella Resources Enters MOU With Poseidon Nickel, page-26

  1. 5,053 Posts.
    lightbulb Created with Sketch. 2251
    Actually I made a boo boo and should rectify it before I pass out again. I accidentally understated it due to a dumb transcription error. Payable contained Ni would be in the order of AU$2.9T!
    (That uplift from $2.4T to $2.9T must be the quickest $500B made in history!)

    Calcs:
    6.75Bt x 2% = 135Mt x 80% (combined recoveries and payability) x AU$27,000t = $AU2.9T!

    "337k is bigger than POS whole resource combined isn't it?"

    Nope.

    This is what happens when hapless tourists stumble into our humble little village without a map.

    "Hey Google, Navigate to the hamlet 'Half-Arsed-Cross-Promotionsville', bypassing the tolls roads because I'm stint."

 
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