POS 8.33% 0.7¢ poseidon nickel limited

It is a frustrating hold on this one, anyone who thinks...

  1. 1,648 Posts.
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    It is a frustrating hold on this one, anyone who thinks otherwise is naive to the opportunity cost of holding POS.

    Anyway, I still hold and will continue to, hard to see us breaking below current support levels. Whilst this remains the case I'm cautiously optimistic. Once we get going (if we do, we should) it's not hard to see us valued at multiples of where we are 4x (easy) 10x (if we increase LOM) and even more potentially if PBT comes off (which I keep forgetting about).

    Until then we're just in our orphan period.



 
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