POS 16.7% 0.4¢ poseidon nickel limited

Very good chart, page-132

  1. 9,955 Posts.
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    Correct trader1
    uptrend channel intact
    a higher low doubke biottomed at 10.5 on CR now moving above 11-12

    the ladder was 11-14/16 on the way up before
    this should repeat
    I would not sell short after it went past 11.5
    maybe resistance at 14-16  again but I see a channel open at 14-19-29

    We will see where it rerates to after market realises a PER of 1.4 is dirt cheap and the power of $33M cash NO DEBT plus $11B in resource value with near term producing 5 super high grade mines at GS SS ST EA AR.

    If they announcenext 2-3 weeks  GS is 23kt JORC at 6.3% as we expect market will be stunned as this is way better and larger grades than Nova & Cassini yet open in 3 directions.

    GS could become the 2nd highest grade Ni mine globally other than SS next door.

    PH is targetting more high grade stunning drills at Gosling upper GS & SS deeps, smart move
    This will boost JORC there also.
    Gosling & hole 31/upper GS will be a blowout discovery, as its in between 2 drill drives already at 900m & 400m depths & easily accessible from them.

    POS is attracting global attention as having the 2 highest grade Ni mines globally.
    Add in massive processing plant capacity and away we go.

    Chart is going to look amazing soonish imho.
 
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Last
0.4¢
Change
0.001(16.7%)
Mkt cap ! $12.54M
Open High Low Value Volume
0.3¢ 0.4¢ 0.3¢ $24.92K 8.248M

Buyers (Bids)

No. Vol. Price($)
103 58586746 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 45616920 26
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Last trade - 10.19am 12/09/2024 (20 minute delay) ?
POS (ASX) Chart
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