POS

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0.4¢ poseidon nickel limited

Nickel Price us$11 - $12 lb, page-40

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03/02/22

08:22

Post #: 59318006
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Originally posted by Noor444 ↑

The only brutal fact that matters to me is that we are not producing or even attempting to bring FID forward in this awesome nickel environment. In fact, we delayed FID by 6 months. I worry so much that we could see FID postponed yet again once we get closer to mid-July. I have seen so many broken promises from this company. But I still hold in the hope that this time it is different and that my unwavering faith in the company will be rewarded. With this NP, with low stockpile that is still dropping, with demand increasing much faster than supply, it borders on the criminal to be stalling so much. Yes, studies are important. But we have done so many studies over the years. We don't need to do most of them all over again. A simple update would have been sufficient. This company's potential is mind boggling but in truth, its sp is only as good as the people running the show. PH has already postponed FID. FID should be a foregone conclusion this time imo. I hope we are in production in early 2023 as promised. Please don't come up with the story that refurbishment has been delayed or is taking longer due to labour shortage. We need to take this into account so that the production date of early 2023 is maintained. We already know that labour supply is tight. So, the promise of production in early 2023 already accounts for this tight labour supply. Cannot use this card twice.

COME ON PH. YOU CAN DO IT. PLEASE DON'T LET US DOWN. YOU HAVE THE INTELLIGENCE, THE SKILLS, THE EXPERIENCE, THE INFRASTRUCTURE, THE RESOURCES, THE GRADES, THE NP, THE LOW STOCKPILE, INCREASING DEMAND, DECREASING SUPPLY, ETC. WHAT MORE DO YOU NEED FOR GOD SAKE? PLEASE MAKE SURE THAT YOU DON'T BREAK YOUR PROMISE OF PRODUCTION IN EARLY 2023. IF YOU CAN BRING THIS TO LATE 2022, SO MUCH THE BETTER.

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I can understand if the production start date gets into the march 2023 qtr, no problems there.
But the FID I'm certainly NOT looking to see excuses there.

POS Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Nickel Price us$11 - $12 lb, page-40

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Nickel Price us$11 - $12 lb, page-40

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