POS 25.0% 0.5¢ poseidon nickel limited

POS boys are smarter than we think, page-137

  1. 9,773 Posts.
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    So the word on the street is
    - no CR till June 2017
    - my maths as to the cashburn & next CR was right
    - bnym keeps funding it till then
    - a debt funding deal is likely over a cheap CR
    - many seeking CR cheap have been knocked back (same as in 2014)
    - buyers cant get any cheap shares other than on market (hence the results on the ASX/ChiX)
    - more Li vapours & news coming (confirmed by several posters on here)
    - the BOT in charge is allowing an appreciating SP in some sort of order
    (yet on 23 May it was a massive intraday spike with a record volume haul with the SP now 25% higher than that day proving those foolish sellers were wrong and are now spitting chips)
    - many looking for a deal must mean they all know that the POS Li finds are going to be proven up with massive new resources and is a serious byproduct to Ni, otherwise why bother?
    - that 1.5MTpa processing plant with turnkey is looking very attractive for POS & to LIT and other local Li explorers (tolling deals maybe)
    - offtake deal for Li maybe on the cards with Tsingshan or other chinese outfits also
    - the parrot aint talking but is smiling, nudge nudge wink wink say Gday!

    Do we really need anymore hints to work out what is going to happen?

    Let me try to make an educated guess what may happen in future-
    - large high grade Li resource in core samples all over LJ uncovered & verified
    - testing results by Newexco confirm initial anns
    - LJ mill can process Ni Li byproducts on 2 circuits, proven by engineering report
    - offtake deal signed with Tsingshan or chinese to cover LJ Li also
    - debt funding or prepaid royalty deal of $50M with BNYM or chinese
    - SP skyrockets like PLS
    - DFS issued showing low COP for NI LI ~$3.00uslb & annual income of ~$300M profit of $130Mpa
    - BFS issued showing any debt can be paid off fast from dual product production
    - 3 months turnkey launched for restarts (like last time)
    - LP & NP spike just in time
    - POS SP goes to 30c then to $2 again, eclipsing PLS
    - AF gets involved again or FMG

    POS becomes the new bankers darling with 3 world class deposits of Li & Ni & 2 world class large processing plants at high margins due to higher grades.

    Tsunami coming? sorry guys but its just a guess.
 
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