Hmmm, maybe you should read a bit better...
All ann's, all media releases, all state first concentrate in 2014.
Here maybe I'll help you...
http://www.poseidon-nickel.com.au/UserDir/Documents/Proactive%20Investors%20POS%20report%2023%20Jan%202013.pdf
"All mining approvals are in place and a DFS is completed. This will lead to a short construction phase, commissioning, and ramp up to re-commencement of sulphide nickel production from Windarra, and maiden production from Cerebus in 2014."
http://www.poseidon-nickel.com.au/UserDir/Documents/POS_Feb_Value_Set_1.pdf
"Updates to the DFS are complete and the independent technical expert
has completed their review with funding of the project targeted to take
place in the early part of 2013.
Supply shortages in the nickel market have been predicted by AME group
with forecast shortage in 2014/2015. Supply risks are present owing to the
majority of nickel production in the world coming from high cost laterite or
nickel pig iron operation. The world currently requires at least 60-80,000
tonnes of new nickel production per annum. High grade sulphide mines
such as Mt Windarra are extremely rare . Forecasting from the AME group
suggest the deficit of Nickel could be as high as 10% of demand by 2015."
"Dewatering, refurbish decline and infrastructure H1 2013
Increase Mt Windarra Reserve H1 2013
Plant construction complete H1 2014
First saleable concentrate H2 2014"
*** First paragraph on the Dec Quarterly report.... ***
http://www.poseidon-nickel.com.au/UserDir/AsxAnnouncement/Quarterly%20Report%2031%20December%2020122101.pdf
QUARTERLY REPORT
31 DECEMBER 2012
COMPANY OVERVIEW
Poseidon Nickel is developing the first new Nickel Project in Western Australia for many years. The Windarra
Project is a higher grade nickel sulphide deposit that has demonstrated high recovery levels through a standard
nickel floatation concentrator.
The total current Mineral Resource is located at two positions approximately 10kms apart and includes the
existing brownfields mine at Mt Windarra and a new discovery at Cerberus.
Poseidon completed its Definitive Feasibility Study (DFS) during 2012 and is targeting initial concentrate
production in 2014. The concentrator plant to be constructed at Mt Windarra is expected to have a minimum
capacity of 700,000 tonnes of ore per annum.
Come on M8, if it takes 12 months to buildthe concentrator plant, how do you expect to have supply for 2013.. ???
Maybe you should read some more and take in what actually is going on....
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