TOTAL DISDAIN TOWARDS SHAREHOLDERS BY POS MANAGEMENT?????, page-4

What problem?
POS aint got the problems like BHP Wyloo IGO at all.
POS got NO DEBT NO JUNKBONDS NO OFFTAKE
POS got massive mills mines assets and dewatered open pit

NP went to $3.50 in 2015 and POS survived then too but now its a larger $7.10 with way lower costs in the BFS of $4.90 still way below the NP.

Fact is as I have been saying for years on here the NP is irrelevant to POS whether its 4.00 7.00 14.00 45.00, it didnt change anything and PH didnt start it up even when it was 45.00.
The CEO in 2015-2016 stated we need a NP of 6.00 to restart the production, its been over that for 4 years and counting
Its all about the backstabbing top 3 holders and the flaccid management who cant sell beer in a brewery and always has been, the assets are top notch and prior mass producing too.

Its the big boys BHP AFAF IGO who crazily burnt $14,000M cash on the emperors new clothes & hot air with nothing to show for it other than Nova & now all facing lengthy litigation for damages caused over breached offtake supply deals.

POS aint them, POS survived worse NP, worse conditions with a $25M debt and a backstabbing top 3 yet survived and even prospered.
POS is now in a better position as to its assets, quality, JORC and balance sheet than ever before.

Going forward POS BOD will take action to preserve cash and pay remuneration in shares like before, call a cheap CR as before as the price is so low its too good to refuse if you are a high net
POS can wait this out for years like before but i suspect the NP will rebound with all this supply removed from market while demand has continued to increase.

POS is the last man standing in the Oz Ni industry and didnt need to burn $14,000M to do it either.