POS 0.00% 0.4¢ poseidon nickel limited

TO possible but, page-64

  1. 3,258 Posts.
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    SB
    The only thing I can agree with in the short term is the "T
    he SP aint going lower looks like
    ". What ever that means. POS in its darkest hour went down to a MC of about 25M and the fact that they have now added about 75M in cash means a MC of <100m is most unlikely in the near term. Do your own numbers but any buying in the 4's is pretty good.
    BMM and AF can wait for as long as it takes for $AUNP to stabilise above a suitable level.
    But in the meantime they have a AGM to attend and sure as hell they don't want the SP less than say 5.5c on the 22nd Nov. Just a matter of timing for the Pump. I still feel it will be next Friday. Until then market force could easily push the price back down to 4.5c. IMO
    RED
 
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