POS 0.00% 0.5¢ poseidon nickel limited

Very few charts look sexier than this baby, page-2614

  1. 9,757 Posts.
    lightbulb Created with Sketch. 4210
    BOOM
    1.1c & 1.2c LINE SWIPES !
    All those capitulaters gonna be banging their heads on the wall
    POS a rebound riser up 20% 2 days ina row!
    GREEN ALERT SIRENS BLARING.

    looks like the chart is in a V WHIPSAW pattern here.
    Chart showing rebound signals
    POS is way way way oversold imho

    POS was a $450M MCap in end 2021 with that runup to 14c/16c when NP was still 7.80 like it is now!
    And that was before NP went ballistic in March 2022 from 8 to 45 (back to 16 now 7.50)

    POS is now 90% lower than it was 2 years ago Dec 2021 or 10% of the prior MCap.
    Yet POS is in a way better financial and asset position than then, the pit is dewatered and dry, $20M spent on capex getting the mines mills ready for production, many pre-production work and upgrades done inc electricals, water, new drilld rives, railings, staff camps & loads more drilling.

    The NP will rebound & POS is sitting pretty still trading unlike all our competitors that have gone under
    and the big boys lost $13,500M cash on Ni blackhole crap ignoring mass producer in waiting POS but not for much longer imho
    and Li is a massive upside also

    Big boys gonna be licking their wounds and looking enviously at POS with NO DEBT, NO JUNK BONDS & MASSIVE MINES & MILLS, MASSIVE JORC RESOURCES & LJ to boot imho.

    Chart looking great from here, who has the steel b@lls to load the truck up here ?
    Last edited by tomboy: 21/12/23
 
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
POS (ASX) Chart
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