POS 14.3% 0.4¢ poseidon nickel limited

TO for POS, page-52

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    So stock piles are reducing very rapidly reducing 5,184mts in less than a month in December. This month we will probably see stock piles below 200,000mts and IMO there will be a run on the stock piles pushing the price of Nickel aggressively past our previous US$15,750 high.


    In Nov 2005 Nickel price was sitting at our current levels and within 18 months had shot up to US$51.1k/mt. With stock piles rapidly depleting IMO this is the catalyst for a strong upward move in the Nickel price.
    Last edited by TradeX8: 07/01/19
 
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