POS 25.0% 0.5¢ poseidon nickel limited

POS can be big, page-49

  1. 1,957 Posts.
    Isn't this financing a harder nut to crack. It's great that management have secured the infrastructure etc for 1.5 million, but to get any value out of it it seems they need 50 million and take on the associated risk. Still better than having to find 300 million, but its probably more sensible thinking of the acquisition as a 50 million plus cost rather than 1.5 million. Sort of explains why the brakes are on the SP as well. How will they raise that kind of cash without serious dilution at this price range.
 
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