TOTAL DISDAIN TOWARDS SHAREHOLDERS BY POS MANAGEMENT?????, page-40

Chicken little shouts the sky is falling again and again. NUTS.

POS has 2 months cash left according to the above posts
POS has NO DEBT & NO JUNKBONDS
POS has NO OFFTAKE nor terms to breach unlike PAN, MCR/Wyloo, BHP, IGO (at FF/Cosmos)
POS cut the CEOs salary of $500kpa to nominal
POS will revert remuneration to shares as it did 2015-2020
The FEDS, WA Govt or the WA mining industry should fund POS with grants or CRs going forward to keep it operationally available as the other overpriced vaunted peers have self destructed
POS/PBT got a grant of $120M from the FEDS in 2021 to build a refinery. POS can apply for FED grant for $120M for restart operations or proceed with the proposed pCam refinery at BS or LJ maybe get $60M even from FEDs
PH is still chairman and his beloved PAN is dead and his only redemption is POS
AFAF spent $1,200M on Noront MCR blackhole folly and his only redemption is POS also. but he is reeling from these cash losses and divorce

The big boys cashburnt $14,000M and they are all in breach of offtake supply deals
Expect flood of litigation between offtakers Trafigura and these suppliers
BIG SHOTs price fixing will not continue forever & not for years as suggested.

POS has $6M cash on last count say $4M now
POS has a clean balance sheet - no creditors no CN no such contracts no bondholders
POS has massive built in "remarkably good condition" MILLS MINES staff camps and airstrips
POS is dirt cheap
POS has had easy & well oversubscribed CRs for 13 years straight
POS was ignored by the peers & big boys at their folly.
POS still has BMM as an 11.7% holder who hasnt sold for years.
POS had AFAF as its chairman 2008-2013 & even a 30% holder then who in 2018 blocked BMMs bid at 6.0c with a large poison pill defence and large $70M CR at 5.0c

The emperors new clothes are worthless illusions as recently discovered by AFAF IGO BHP.

POSs assets are not worthless nor in poor condition nor worth 2% of the current MC imho
POS is a survivor and BMM and us LTHs will not allow it to be squandered as its historic mission and reputation as the Nickel Queen remains intact.

I expect a NP rebound and more good news as we have heard Li hits, great Ni drill hits and GMD support & once the Ni market stabilises by say around March an easy small $3M CR just like the 13 years before.
I expect a big boy to get involved with POS sooner or later preferring GMD, IGO/Creasy RIO or MIN or Nicola Forrest.
I expect BMM Ravensthorpe AFAF to be scuppered for good while BHP slashes supply again.

POS is the last man standing.