POS 7.14% 0.7¢ poseidon nickel limited

Great work Diesel. Overseas Swiss billionaires Glencore gets...

  1. 9,612 Posts.
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    Great work Diesel.

    Overseas Swiss billionaires Glencore gets $35M from the FEDS for MMs existing mine and mill but its a HPAL low grade dirty laterite.

    AFAF must be tearing ropable over this,
    They steal his MM project/mine/mill, almost bankrupt him then the FEDS dole out $40M to help them and not him and his MCR blackhole!

    No money for AFAF/MCR PAN IGO BHP, the main Ni producers that went bust or have shuttered or downsized. FEDS not interested in them.
    FEDS must be interested in POS like before with that $120M FED grant with PBT in 2022.

    If the FEDS are doling out $40M to the billionaire swiss why not aussie battler POS with that $120M for the old PBT refinery JV.
    POS surely has re-lodged the $120M grant for the BSwan plant refurb and refinery planning at BSwan and cut out PBT altogether. This would fund POS for the next 40 years.

    POS has a perfect location, MINES AND MILLS to get FED grants, an easy $40M even.
    FED GRANTS must be applied for by POPS and we aussie battlers are more justified and deserving of getting it imho.

    market expects nothing and no production, offtake, revenue or grants for the next 10 years LOL.
 
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