3 ways bacci - 1. A CR is impending to get this top holder on...

3 ways bacci -
1. A CR is impending to get this top holder on board finally and clear out BMM AFAF Citi backstabbing loosers.  I mentioned this many times, an easy $5M for a 16% top stake, this is the reason the SP is so low so they can get the big boy in easy & cheap & get rid of the flaccid dufus blackhole cashburn loving backstabbers.

2. The management also will have to take shares or leave, simple.
We dont need expensive staff or managers for C&M just caravan guy like before to survive the winter.
Dont need studies, drilling or planning even, all thats been done 10 times over, just keep the pumps at BS SS on and electricity bill paid. If they wont then goodbye disloyal looser just like DLF DHDH FHFG AFAF et all.

3. sell the water $500kpa and $360M gold tailings.
Gold Tailings contains ~180,000 oz/Au Resource BFS on ..

You realise the gold tailings are 180,000 ounces x aud$2,000 poz worth $360M right, but say farm in cut that to $100M way so 400% higher than the whole MC now.
$360,000,000 cashflow for GMD & POS is massive.
POS has massive water deposits at all 3 projects, water is GOLD in the desert.
MCR boomed from 20c to 120c on its gold sales alone before Ni production.

Management doesnt look perturbed or in panic at all, its the market that has once again wrongly panicked and oversold based on the dufus AFAF MCR PAN WSA OZL  massive cashloss by the big boys but this plays into one of the big boys hands perfectly to get in cheap before the ramp imho.

POS has NO DEBT NO JUNKBONDS plus $3,300M in 3 major project assets built & paid for by big boys WMC BHP Lionore Norilsk valued at a pathetic $26M MCap today at record low value even lower than 2016 Ni winter when NP was 3.50 now its 7.20 double that!
HAHAHA
POS SP ought to be multiples higher but its here for a reason as market is chicken little scared and big boy wants to sweep out the backstabbers and get a large stake cheap.
You think PH CJ Padley have not eyed off a large stakeholder over 4 years?!
HAHAHA

Expect more good news and a pump to get this to a fair CR not too low imho.
business as usual at POS the survivor and last man standing.