POS 0.00% 0.5¢ poseidon nickel limited

So what if pos has just as much ni as sir? It is the the bottom...

  1. 2,476 Posts.
    lightbulb Created with Sketch. 56
    So what if pos has just as much ni as sir? It is the the bottom line that's count.
    Cash cost to produce at sir is around $ 2.89 with est yearly np of around 250m. What about pos? DS has not come out and said we will make $ x million p/a. From memory, report from petra was around 50m. Operation at LJ is around 6.80. Any movement in ni price below where it is now, then there is no longer viable to restart. Windarra, resources is committed to bhp for the next 2 years. Best is to focus on windarra, pull some cash in then think about lj or bs. + what is the point buying both lj and bs, one, I get it, we save 250million, but we have the deal with bhp, that saved 250m as well. Make no business sense. Over committed with limited resources to get the mine up and running.

    Everyone should be back on board tomorrow, let see if there is movement....
 
watchlist Created with Sketch. Add POS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $21.01M
Open High Low Value Volume
0.5¢ 0.6¢ 0.5¢ $41.30K 8.160M

Buyers (Bids)

No. Vol. Price($)
3 931783 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 32143659 31
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
POS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.