POS 16.7% 0.4¢ poseidon nickel limited

trading halt for cr!, page-3

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    from 1st of March,2010's ANN
    "The Company had cash on hand totalling approximately $1.9 million as at 31 March
    2010.
    �� Having undertaken the recent capital raising for A$2 million and following discussions
    with potential investors, the Company remains confident that the necessary funding
    required to finalise the underground refurbishment and undertake future development
    activities will be available"

 
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