POS 0.00% 0.4¢ poseidon nickel limited

Zeb As a long term holder it is understandable that you many...

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    Zeb
    As a long term holder it is understandable that you many take a slightly pessimistic view to nickel and our dog stock POS. As for T, his view is purely dependent on whether he is holding or wants to buy in cheap.
    I am not looking for Fredy $1 Nickel price boom but just 10 more percent $AU NP. When the price is right either the current management can get the start up funds or they will be replaced,IMO.
    POS does have the unique opportunity to co-process at both plants, reducing the operational costs compared to its peers. The risk/reward is also more favourable than ever IMO.
    As you do understand N4 is about Cu/Ni ratio. The battery revolution just supplies the juice to held reduce the surplus. And yes as new/returning sulphide production hits the market it will have to be absorbed by the demand. The NPI industry will be the loser. N4 says the Cu/Ni ratio will improve and as the Copper price is currently improving the Nickel price will improve even more.

    From now until the EOY punters will be "Either buying or crying".
    RED
    Last edited by redbackrules: 24/10/17
 
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