post-finance re-rating valuations, page-9

http://www.poseidon-nickel.com.au/UserDir/Documents/POS_Feb_Value_Set_1.pdf
71c

http://www.poseidon-nickel.com.au/UserDir/Documents/Proactive%20Investors%20POS%20report%2023%20Jan%202013.pdf
$1.11

Both prior to resource upgrades and latest drill results.

Crunch the numbers they have currently 156300 Tonnes Nickel metal @ $14000 US/tonne, about $2.4 billion Aus.
+ Gold. 410,000,000 shares

If compared to how market values some other Nickel plays nowhere near production $1.15 should be current sp. But obviously POS is either priced correctly at a piddly 13c while $2+ on other hand seems logical for other companies. ??? or it's grossly under valued, what do the sums tell you? The market is very twisted.