POS 7.69% 0.7¢ poseidon nickel limited

POS can be big

  1. 1,909 Posts.
    lightbulb Created with Sketch. 113
    Hi believers,

    See below Patersons POS sp evaluation
    Personaly i bet on 50 cents in less than 3 months a dollar end of the year
    If you want to make big money you buy now to sell in 3 to 6 even 12 months
    Rich people make money that way
    If all is going well, if NI price is trading between 9 and 10usd/lb, POS sp can reach 1,5 in less than 12 months
    We must produce now, we need to well managed the company, then some more strategy, make Poseidon mature so POS can reach 1,5 to 2 in less than 18 months

    Patersons POS sp revaluation
    Factoring in the current nickel price of ~$US19,500/tonne the 12 month target price for POS is A$0.38. If the nickel price was to increase 10% then our valuation would increase to $0.47.

    All INMHO

    Cheers

    F
 
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