I Quote TCF
"But I repeat again that Andrew Forrest's association with POS has produced no net benefit for long term shareholders. The share price has doubled but shares and options on issue were halved from July 2007. And Harbinger appears to have paid too much in the short term. The $50mil contributed by Harb. will not be enough to fund the project contemplated by POS (concentrator, smelter, refinery?? heap leach)."
Smelter?
Refinery?
Dont drink and post please for all our sakes.
There two are Laterite refineries(Murrin/Minara+ Ravensthorpe/ BHP) one Sulphide Refinery(KNR/ BHP) and a Smelter in WA (KNS/ BHP). In what bizzare alternate universe would a small- high cost producer like POS be doing anything but making some sulphide concentrate in some second hand Float Tanks? Its OK to wet your pants because Harb threw $50 mil at something but the replacement cost for KNS was $1.3Billion. Does anyone on these forums have any experience beyond reading fictitious quartalies and going cross eyed at charts?
support at 60, page-8
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.61M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $37.74K | 10.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 115 | 80906859 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 62123539 | 48 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |