POS 0.00% 0.4¢ poseidon nickel limited

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  1. 9,777 Posts.
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    All eyes are on the NP at POS.

    They need NP to remain above us$7.00 lb and above aud$23,000pT

    currently its 9.68 & aud$30,000

    so way way above these profitable targets set out since 2015-2020 by the prior CEOs.
    The BFS stated the C1C are 4.50 uslb so once again way way below the breakeven right now.

    At us$11, its making $333M profit or cashflow for a mere 20% of the production and 13% of the BS JORC!

    The difference to WSA MCR PAN is that POS has NO DEBT and MASSIVE milling capacity in very good condition at LOW CAPEX under $50M (v MCR at $300M or SIR at $500M) plus 6 prior producing mines with mine declines already built to ore bodies ( SS GS BS W EA MH).

    Its a NO BRAINER even at 8.00 uslb imho.
    at us$10.00lb is a money spinner.

    START HER UP!
 
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