POS 14.3% 0.3¢ poseidon nickel limited

Cubyou are right about the drilling spend but with 417KT JORC,...

  1. 10,003 Posts.
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    Cub
    you are right about the drilling spend but with 417KT JORC, who needs drilling, its all sitting on a plate.

    so why are they dewatering now
    and why is it tier 3 when mt keith yakkabindie is lower grades at 0.60%, are they tier 3 also, & if so, why BHP has spent $2B on them & mass upgrades?

    sherritts laterite is 0.2% as is Indo NPI crap which is the west proposed saviour controlled by china, so is that tier 5 then?

    in a high NP market, LG is very profitable using mass ore throughpit and POS has the mother of all mass mills at BSwan, 2.2mtpa.

    you are confusing the market with a low NP market.
    tier 1 is also with POS at SS GS EA AR & yes more of it would be great.

    but youve been a downramper on POS from the start, so good luck with your WSA shares..oh thats right its IGO now at a $14B MC, good luck with those.

 
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