Very few charts look sexier than this baby, page-2471

An easy 50M shares traded last 2 days
3.9 to 4.8 to 4.5
today the volume cutback to normal and the INSTO is controlling the match daily now.

last retrace in August went from 3.8 to 6.5.

if you want 100M POS shares on market as no CR/SPP envisaged for good now as offtake & finance will be the next financial decision for POS, then the SP should rerate higher.

market doesnt expect any revenue, production, funding or offtake for the next 10 years from POS
LOL.
$50M offtake funding from Trafigura will make the markets head spin,
At PAN it went a 4 x MBer on its offtake funding.
At FMG SIR it went a x 10 MBer on their offtake funding
at POS 2013 it went a x 4 MBer on BHP offtake deal at Mt Keith.
Yet NP is now 12.30 not 6.00!
Yet POS open pit is dry and readied as are 4 mine declines to ore bodies already (GS SS BS Gosling)

6,5 is my call for end Jan/mid Feb.
Then retrace back to 11-14 imho.
A $300Mpa -$700Mpa -$2,100Mpa operation valued at $160M, its a joke.

Cant stay low forever.
Market needs a Ni runner & POS is it imho.