I can tell you love to stir the pot.
Didn’t you blokes fill your pockets enough at last lows? Haha
That's fine. I’ll bite
POS can restart without a CR.
Capex is incredibly low compared to peers.
Capex 22M plus inflation compared to 700-900M plus inflation for new plant build.
Many funding options available that don’t require CR such as offtakes including debt facility (Same as PAN did with Trafigura)
Pos are currently cashed up and Gold tailings can also bring cash to table.
If world is looking to dig up and process Nickel laterite for battery metals do you really think they will just leave high grade Nickel Sulphides in the ground below existing mining infrastructure?
Restart is not a matter of 'IF' but when.
NEWS, page-242
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.71M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $17.80K | 4.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 47816915 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 13989612 | 30 |
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| Last trade - 15.52pm 02/08/2024 (20 minute delay) ? |
| POS (ASX) Chart |