POS 25.0% 0.5¢ poseidon nickel limited

I think you guys are aiming too high, this is probably worth 40c...

  1. 2,796 Posts.
    I think you guys are aiming too high, this is probably worth 40c - 80c now per share with 1.1Mt PA all depending on nickel price (assuming it doesnt fall back to pre boom levels). Remember, this has been diluted heaps since 2007 with 600mil shares on the books.. 40c today is the same as $1.20 seven years ago..

    You cant expect the stock price to hit production values before production, it will just burst if it does so get ready to sell out.
    Last edited by Steve70: 17/07/14
 
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