POS 25.0% 0.5¢ poseidon nickel limited

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  1. 587 Posts.
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    @1trader no, surprisingly not In the presentation, but the whole project hinges on supply of nickel sulphide concentrates to their hub (PBT don’t own any mines themselves). Talking to the PBT COO it appears that POS are the most suitable with tonnes, grade and location but some smaller players in the region also in early talks (no names). Obviously big risk for PBT is if POS can make a high grade con for direct sale to smelter. They may choose to go that route and PBT would be in hot water IMO with no feed If POS can only make a middling con with acceptable recovery (keen to see where the testwork is at on this) then PBT is a good partnership with the hub which PBT claim is designed to process below smelter grade cons.
 
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