Rising gold price impact on tailings project, page-2

WARNING !!!!! WARNING !!!!!

THIS IS A TSUNAMI ALERT.......I REPEAT......THIS IS A TSUNAMI ALERT...

ALL NICKEL PRICES ARE INSTRUCTUED TO HEAD TO HIGHER GROUNDS.

MINIMUM RECOMMENDED ALTITUDE: US$12/LB

MINIMUM TIMEFRAME: STAY THERE TILL 2050

The LME stockpile has resumed its downward march as shown below:

	LME stocks	09. November 2021	Changes
1	in tons
2	Copper	109,550	-5,975
3	Tin	730	10
4	Lead	54,050	-75
5	Zinc	190,125	-1,575
6	Aluminium	991,375	-9,000
7	Nickel	134,172	-1,680

On this trajectory, it is expected that cyclone ''No More Nickel in the Tank'' will make landfall at the start of March 2022. On a scale of 1 to 5, this will be a category 10 cyclone with winds up to US$20/lb near the centre and gusts up to US$30/lb expected.

This is a fantastic opportunity for POS. Hopefully, management do what they said they will do in the timeframe they said they will do it. If we start production, then I expect our sp to re-rate towards the 30c for a start. Since I expect our production to be greater than 8kt/pa and np to be closer to US$12/lb, our sp should keep climbing gradually from there when it becomes evident to Mr Market how much FCF POS can generate.

And of course, management will be looking to bring LJ and Windarra back online asap..........What will our sp be then?

The opportunity is there for the taking. Come on POS management. No more under the belt blows please. Do what you said you would do in the timeframe you set and no more CR please.