POS 0.00% 0.5¢ poseidon nickel limited

Very few charts look sexier than this baby, page-19

  1. 563 Posts.
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    Sweat it? My basis in POS is 5.7 cents...i'm not talking about the inevitable re-rating...that's a certainty - bring on 15c, 20c....whatever and great - my question is the same one the board has been grappling with for years - how do you efficiently raise more capital without further dilution?

    POS has increased its SOI 10X in the past 8 years (240m to 2.6Billion) - that's what has kept POS alive.....and incidentally, FMG has fewer SOI now than it had 8 years ago/over the same period.

    I want the shareprice as high as possible also....that gives Board and major shareholders more leverage...I'm sure Twiggy will find a solution...
 
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