Poseidon - Cryptic Clue In Company Symbol., page-26

Ichi,
What I mean is POS is in a better position currently...
Back then they had a single mine in middle of nowhere. Oz $$ was high, nickel spot was low.. or with currency exchange not favourable.
They needed $200M+ high debt in not favourable lending conditions, high expense with FIFO to Windarra.
high oil prices, higher expense with bids for mining equipment and workers due to the booming resources sector.
Now we have 3 mine sites, no debt or low debt, are able to switch on and produce $$$ cheaper running costs as available equipment and workers are begging to be used and sign contracts, local work force available, better lending conditions, better spot, lower OZ $$$..
It's chalk and cheese compared to before...
It's now or never.....