POS is a target in the Ni wars.
Ive been saying this for a year now.
MST calling 17-26c is way too cheap after the prior 31c level at only 20% capacity & NP at 10.50 way above its prior 8.00 target.
Without POS, AFAF has NO nickel, empire imho,
with MCR he has NO MILL & HIGH arsenic & BHP as a boss.
AFAFs decision to dump POS and send it from 16c to 3.5c was a pathetic mistake & a massive loss of wealth for him. Soon he will realise his folly maybe too late.
WSA SIR MCR MBN refugees have only 2 options left gentleman
PAN & POS.
and PAN is 35% owned by IGO AF Zeta already and subject to a prior IGO bid.
And PAN is crimped by its lack of production capacity increase UNLIKE POS at the same production as PAN at only 20% capacity.
And POS has NO ARSENIC issues unlike MCR.
And POS has 4 high grade mines at SS GS EA AR at 4%-9.7% grades with built declines to each ore body.
Soon we will see the rampers, INSTOs and hedgies arriving here & ramping this back to 11-12 where it should never have gone below imho
and PH will welcome them with open arms to stuff AFAF & BHP no doubt about it.
Only 2 Ni runners left imho.
PAN & POS.
POS now has the 3rd largest JORC resources of any Ni miner in Oz at 420KT behind BHP & IGO
POS has the 2nd largest milling capacity in Oz at 3.7MTpa behind BHP and nearly double that of IGO at 2.1MTpa.
POS resources & infrastructure are worth way way way more than this imho.
POS is the 3rd Force in Nickel Ore imho.
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