My calcs are around aud$12B of JORC resources.
It was only $8B worth in 2019 as Np was 6.00 now its 11.40 almost double that
We were told for years POS needed aud$23,000 to restart
now its near $35,000 way above those figures.
POS needs more staff accomodation & more secret restart works.
They are staff friendly to the extent of providing unlicensed accomodation.
The dewatering and mill refurb must be underway already or soon.
That jumbo driller is doing a lot of work over 10 weeks without much news or what they are doing with it other than SS deeps works.
I doubt they will advise us or the market.
POS has the 2nd highest JORC Ni resources in Australia at 407kT & the 2nd largest Ni milling capacity at 3.7MTpa. Its a monster mass producer being prepped for mass production.
NP & the Ruskies have done all the heavy lifting for us.
Only a mattter of time for Padleys call to be justified imho.
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