POS 0.00% 0.7¢ poseidon nickel limited

Volume, page-2032

  1. 91 Posts.
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    Hey TB, I get the concept of POS being the last man standing and eternal survivor, but our SP is at historical lows and what was able to save us in the past was the spruiking of good things ahead and fat in our SP. Fat is the SP that allowed substantial cash injection (via CRs) that kept us afloat and buy us time while no income was being generated. Unfortunately our current SP doesn't have the "fat" needed to raise substantial funds and buy more time. This CEO/BOD needs to find a cashflow source within itself and quickly. And if (sorry G, that's a big if again), it can get through the next 12-18 months, POS could be in a great position to take advantage of the next industry upswing.
 
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