POS 20.0% 0.6¢ poseidon nickel limited

Nickel Price aud$33,000 pT, page-98

  1. 13,234 Posts.
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    SS new resources are around at 1500m depth (250m further deeper from current bottom). It will be big challenge to navigate new mining ramp at those depth. Now you can guess why AF & BMM reduces their stake in POS. However WSA is mining at those depth already.
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    By the AF bought a stake in Sparc Technology (32%), a hydrogen research project. (Old Coal to Methane renamed as Ultra Green Hydrogen). Venture is a funny world, companies get renamed as per market popularity while doing same old thing. I personally give whole Ultra Hydrogen project as Junk Status. They have been around for 3 decades doing Coal to Methane but ended no where.
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