POS 25.0% 0.5¢ poseidon nickel limited

they listed recently there are “options” I cannot understand why...

  1. 13,085 Posts.
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    they listed recently there are “options”

    I cannot understand why they just wouldn’t sell the tailings - 176000 oz is approx 422 m dollars at roughly today’s aud proces

    it’s in a very small defined area(s)

    176000 is in the resource tables - easy to mine as the location is easily defined

    let someone come and take it away and process it themselves - sell it for 500 per oz- they could gross 2000- no exploration drilling or time delays - bring in say 88000000 net in capital for pos and get the nickel plants up staffed and running

    purchaser can make 100 net return depending on their process- good for them - but also good for pos to have capital to restart - staff and produce cash from a nickel focus

    anyhooooooo - Just an idea
 
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