we will be fine, page-2

Fredy, great words of support.

I think what some might be missing is that we have secured the money, but we don't have to spend it until we are ready...in other words until the Ni price is at a level that POS want it at.

This puts POS at an advantage to WSA, PAN, etc. who are already locked into production and has had and will have big capex to keep going.

POS has the infrastructure and the money to be the second largest Ni producer in Aus...and it cost us almost nothing to get there and is costing us very little to keep that position for some time still until the Ni price recovers.

All that is needed is for the Ni price to recover...and that is outside the control of POS and our control.