POS 11.1% 0.4¢ poseidon nickel limited

And back in the real world, NP rocketed UP again today, UP...

  1. 9,768 Posts.
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    And back in the real world,

    NP rocketed UP again today, UP another 4%
    Thats UP 12% since Thursday night

    now US $9.77 lb
    now AUD $32,160 pT
    NICKEL Price

    21,533.06
    +800.56
    +3.86%
    04:02:21 AM MI Indication

    Thats a strong 40% above the prior CEO targets of aud$23,000 pT
    and a whopping 100% or double the AISC in the 2022 BFS of $4.90 uslb

    Just a funding & offtake package from Trafigura of $22M junk bond debt ($62M was offered before) and a BSwan restart announcement with target of 10kTpa (mid range target) for aud $333M revenue pa at a smaller margin/FCF of $111Mpa would make this SP go ballistic, even if they never actually do anything like before.

    CEO should dust off the 2 offtake 60 page contract offers and get those back on the table and go with one.
    Market expects nothing for 10 years
    Market expects no debt, no offtake, no funding, no production, no revenue, just more annual dilutions & more planning and prepping and wasted drilling adding JORC to asset tables on spreadsheets & non-existent money bags

    NP is BOOMING
    Whats POS team doing now
    Where is PHs bullish podcasts & Padleys ramping to his Army now ?!
    Will be arriving sooner or later imho.
    Last edited by tomboy: 20/05/24
 
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