POS 0.00% 0.3¢ poseidon nickel limited

Volume, page-1611

  1. 9,822 Posts.
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    POS is a near term producer and has been so for 10 years now.
    Its costs & capex way way cheaper than PAN MCR combined.
    Stalling & delays nothing new here.

    POS offtake & debt deal is clearly a BLOCKING PIVOT and AFAF BMM IGO BHP do not want to see POS sign any deal at all ever imho & might be trying to block POS production as in the past.

    so PAN you like right.
    yes its well funded & has a MILL and im bullish on that one too.
    as Victor has shown Harold the door and how its done, on time on, budget, making revenue & reducing costs while producing while stalling Harold watches in cramped envy.

    yet POS is way larger, better projects, better infrastructure more mines & mills than lowly one mine one mill PAN but both still way better than overpriced and pathetic MCR or Noront.

    POS dont need $40M like PAN and has NO DEBT unlike PANs $45M credit line.
    POS way better off financially than PAN imho.

    POS lived off $2M cash in bank for 5 years in C&M before with annual CR at 18c, 11c 5c, etc, nothing new.
    POS dont need $40M, its got $5M cash now which it can drag out for 12 months like before or simply sign the debt deal in December.

    met tests and synergy connections are dirt cheap & without any restart or exploration, its the staff and CEO that are the largest expenses and they can get rid of those too easy.

    We dont need a rockstar CEO is he aint doing anything and never starting anything, he can take his pay in shares like DS did or resign.
    Anyone can do the same job he has done frankly. No crap.
 
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