our little company Poseidon not for so long, page-384

Nice drop. We need a few more of these till the Indonesian supply ban comes into effect. EV revolution has already started to pick up speed and will carry on picking up speed in an exponential manner in the months and years to come. AUD seems to have only one way to go, i.e down. Nickel price should be going up to 25% or more of our DFS figure. Remember, this 25% does not mean 25% more profit. It has no cost that needs to be offset against it. This is a massive windfall. With this kind of margin, we can afford to get a few things wrong and still be in a strong profitability position. I just hope our management team are close (next month or so) to awarding the refurbishment works. We need to act now. Waiting for too long hoping to get more for our resources might backfire and result in us missing this massive opportunity. Go POS!!!

LME INVENTORY DATA AND REPORTS Date: 1st – Oct

	Metal	Date: 27- Sep	Date: 30- Sep	Date: 1st- Oct
1
2	Aluminium	+4150	+12750	+8550
3	Copper	-5650	-1800	-5650
4	Lead	-300	-350	-150
5	Nickel	+864	-126	-5850
6	Tin	0	0	0
7	Zinc	+7925	-450	-550