Thought I would start a new thread with this point (sorry I posted it before).
If POS managed to acquire the Cawse project and the Ravensthorpe plant. They will be a company to rival Minara Resources IMO.
MRE current have a MC of $950Mil with "only" 60% ownership of Murrin Murrin (current production of 35KT/y Ni with 60% = 21kt/y equiv) and in the past have had a MC >$5Bil.
You don't need a PhD to see the SP potential of POS with a current MC of only $43Mil and possible 100% ownership of Cawse.
Cawse + Ravensthorpe plant = >50KT/y Ni potential production.
You could be looking at a potential POS MC of $2bil if it went to 50KT production at just todays Ni prices.
Highly undervalued IMO.
Thought I would start a new thread with this point (sorry I...
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