POS 33.3% 0.4¢ poseidon nickel limited

no shareholder wealth here, page-5

  1. 8,284 Posts.
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    Hi Dean, I dont think it's purely a management issue.

    If POS had found grades similar to Western Areas, this operation would be in full steam ahead.

    The project in marginal, always been a swing producer dependant on high-nickel prices under WMC.

    Remember, back in 2007 when this project was originally getting spruiked, Ni was north of $50k/tonne!

 
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