POS 11.1% 0.4¢ poseidon nickel limited

if MCR is worth $760M cash with NO MILL & 42kt JORC resources...

  1. 9,768 Posts.
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    if MCR is worth $760M cash with NO MILL & 42kt JORC resources tolling at BHP Kambalda
    and WSA is worth $1,200M with 2 small mills & 440KT JORC resources (mostly cosmos LG crap),

    then should POS be worth $3,000M with 3 large MILLS at 3.7MTpa capacity & $422KT JORC no tolling & the HIGHEST grade Ni mine globally at SS at 9.1% grade?

    Forget $20M MCap LOL.
    Sooner or later the big boy will reveal and the capping will cease and it will run back up to market price imho.
    AGO scenario playing out thus far after MINRES bid and block so step 4 on the way soon imho.

    Lucky band stretching lower than ever before will snap back sooner or later.
    chart looking like in the rebound valley,
    unwarranted sentiment is worse than 2015 when NP was 3.50 now its 8.58
    and POS is way way better off now with NO DEBT than ever before.
    NUTS.
 
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