the JORC resource, or reserve wont make a difference to share price.
neither will positive project economics from a feasibility study.
With current sentiment, the market would probably only react to POS becoming an actual producer
However given a high exchange rate, low nickel prices coupled with indications POS only has a low-grade resource base this duck is dead in the water.
There are too many catalysts for seeing this project fly IMO.
no shareholder wealth here, page-3
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Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $25.22M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $25.55K | 4.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 17019881 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 9886179 | 13 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| POS (ASX) Chart |