yeah sure and pigs may fly a retailer spends $1.6M cash on lowly...

yeah sure and pigs may fly
a retailer spends $1.6M cash on lowly disrespected ignored POS sitting in C&M for 4 years when NP is dropping ! No way thats happening.

This is one of the large players alligning themselves and getting ready for the bidding war between BMM and AF. The yanks are not here for fun, they are here to take our assets cheap like they did in ANL AGO yet they thought AF might flip POS for 6c like he did AGO and they were sadly mistaken.

AF has treated POS very differently to the others he has invested in like AGO ANL AHZ.
He fought back straight away with POS in a classic TH/equity dilution poison pill defence.

Right now the volume is so low on market that none of them can get any large volume until 15c-30c imho

When the NP goes to 6.00+ we will start seeing a real corporate battle here so they have to get ready.

POS BOD have to take action now -
- buy that 50M on market or from your trustee holders, so AF goes to 19.99%
- buyback shares, reduce equity, do not issue any new equity
- dont waste the $68M cash remaining on admin
- drill more at abi rose and find the new nova
- buy a high grade deposit near the swan plant
- restart the swan plant using a converted MOU for immediate income generation be it gold or nickel or LI, it doesnt matter
- raise the SP past 10c
- payoff the CN debt in full of $21M early using cash at bank, dont allow the yanks to be a secured creditor at all! We dont need them.

If they dont take action now, the black widow will lull them into a false sense of security as the friendly hot yankee banker then once close enough she will strike and show her vicious lethal fangs!

I know twiggy, Dennis & CI reads this so:-
Get ready Dennis and Twiggy, get ready for the 2nd round TO bid.