POS 0.00% 0.3¢ poseidon nickel limited

Nickel Boner Update, page-5624

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    These types of salaries contribute to the high cost of business in AU, on top of not investing in science / engineering to develop better (cheaper) nickel extraction techniques. And note, POS - produce nothing !!!!!!

    https://hotcopper.com.au/data/attachments/5888/5888635-7905d20be858a6af9604fed1c790c02b.jpg

    Indonesia has let Chinese innovation uplift their nickel extraction from nickel laterite, now they can produce nickel cheaper / faster than before (a few other issues though - environment, safety!!). Low interest rates have allowed dumb people to keep running businesses / companies in AU for far too long and, now it is showing.

    Better shift to the gold / lithium fad now - when will the name change?? cool.png

 
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