resource statement, page-3

Exactly... POS is way undervalued.... They are screaming $10+ a share for SIR and where is all the infrastructure and mining equipment permits etc.? CR's are on the way, there is only 225 million shares on the registry and stacks more options coming. So time will tell what the dilution will be.
POS has 410 million approx shares on registry. So even just doing simple sums of say,
144000 tonnes nickel @$17000/ t=$5.97 (410 million shares)

SIR has 242000 tonnes nickel @$17000/t = $18.28 (225 million shares)

So even if SIR's registry was equal POS it would be say $9
and their resource is say almost twice of POS so at worst $4.50 is what POS should be compared to SIR.

Taking that most basic and simplistic approach just on nickel alone compared to current share prices,
20c POS
$4.30 SIR
and thinking SIR is correctly priced does that add up?
POS should be about $2.15.
SIR maybe overvalued but POS is way undervalued....

Now this is no way a valuation on either company and costs and expenses and all the other valuations are more complex one is an explorer the other is almost a producer, it's comparing chalk with cheese, but from a brain dead plain straight up comparison between the two on resource that's the deal purely with nickel, then there's POS's Gold... etc..