POS 33.3% 0.4¢ poseidon nickel limited

Silax, Windarra is funded awaiting Government approvals. LJ...

  1. 2,626 Posts.
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    Silax,

    Windarra is funded awaiting Government approvals.

    LJ requires working capital finance hence the DFS & Offtake.

    I believe the figure mentioned was about $35m and this has not yet been obtained.
    Albeit I heard that they were going to attempt to use cash flow not debt.

    Failure will see the prince loose his crown!

    They don't need the $200m anymore.

    Could be wrong however, this is what I understand.

    Cheers
 
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