Last time NP was $8.14 POS SP was 1.8c now its 0.8c a whopping...

Last time NP was $8.14 POS SP was 1.8c
now its 0.8c
a whopping 1.0c lower than at the same NP

either the NP is too high or POS SP is too low, take a pick, yep the latter for sure
NP is way too low imho
POS SP is way way even lower imho.

market has ignored the NP wrt to POS, but the usual lag will be reversed as it always is imho.

POS has revealed massive Ni sulphide deposits at W & LJ drill results plus Li results at LJ
POS revealed the GMD deals for water and gold tolling
POS has NO DEBT NO OFFTAKE BREACHES
POS has NO AFAF NO DHDH NO DLF or FHFH
POS has CJ as CEO and still PH as chairman

POS is news driven and the last 4 months bullish news has been ignored by the market.
market has ignored the NP rise and Macquaries bullish rebound calls, so far
but not for much longer imho.

POS 1.80c is not that distant. That an easy 160% ROI if the same SP returns to the same point as it was at that NP. But sure POS always surprises the market with its SECRETS.