POS 0.00% 0.5¢ poseidon nickel limited

2014 all over again less than $3M cash then with NP dived no...

  1. 10,133 Posts.
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    2014 all over again
    less than $3M cash then with NP dived no hope no mill & cheap CR
    then they bought BS & LJ and went on a 5 x MBer runup.
    When you least expect it with POS, expect it.

    POS is now in a way way better & stronger position than ever before imho.
    POS has last 12 years oversubscribed CR every year for 12 years,
    POS has a NEW CEO, NO DEBT, NO OFFTAKE TERMS, NO YANKEE JUNK BONDS
    unlike PAN WSA(IGO) BHP AFAF/NCR who burnt $14,000M cash recently on black holes
    FED grants likely incoming for POS, that $120M PBT/POS grant looking good as a target for POS to takeover.

    260M buyers of POS paper in the last 10 weeks at a VWAP of 0.86c
    250M buyers in December at a VWAP of 1.15c
    150M buyers in November at a VWAP of 1.70c

    You aint getting it,
    at POS its business as usual with great news out recently on W LJ Li, no stress no PROBLEMS
    Someone has their back looks like and big boy wants to sweep away the top 3 cheaply no doubt.

    POS SP shouldnt be down here but it is so the big boy can get set up cheap and sweep away BMM AFAF Citi once and for all imho. We will soon find out.

    With NP booming back up, POS should follow.
 
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