small interim placement..

This is positive news. The management have put away a small INTERIM $2m placement to the right people. You can bet it did not get splattered into the wrong hands. They are discussing ongoing bigger bucks with folk out of the US and Asia. I guess that means Harbinger out of the US since they own about 17.5% of the company. POS also owns about 100,000 tons of contained nickel with a lot of scope to increase this tonnage when more money comes along. I bet the next placement will be higher than this one imo. It would not take a lot to get this into production imo.The nickel price is going very well. I basically feel this project is economic imo. I guess the project can be turned on given Harbingers money getting done and the current nickel price action. No doubt, Twiggy and the boys will surprise us down the track. please dyor.