POS 0.00% 0.4¢ poseidon nickel limited

Thanks tfe,I do not have any programs to utilise for this type...

  1. 2,626 Posts.
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    Thanks tfe,

    I do not have any programs to utilise for this type of calculation.

    The only system at my disposal are companies that I consider in similar fields and situations and with POS I used SIR.

    Two banks CBA and Macquarie both value this company at around $2 unfunded with considerable upside funded. This is supported by some analysts.

    CBA actually invested on market at $1.90-$2.40 in August.

    SIR require funding of near $500m and even with a total share issue of 320m the value is quoted $3.00.

    Mine life 10 years AUD 90% and nickel price averaged $10US based on the mine life.

    Your valuation of POS is certainly going to terrify some who are already running scared.

    Col
 
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