POS 14.3% 0.3¢ poseidon nickel limited

who will get there first, poseidon or china

  1. 2,796 Posts.


    So you think POS is going to be a success now just because Indonesia banned raw ore exports..

    But china has been speeding up plans to build nickel refineries in Indonesia so they can start exporting Nickel again.

    My question to you is what will get completed first, your nickel mine, or china's nickel refineries in Indonesia.

    Considering Posioden slept through 2 Chinese booms and china can build over 12 megacities in that time, i recon Indonesia will be exporting nickel again in no time.

    http://www.reuters.com/article/2014/01/15/china-nickel-indonesia-idUSL3N0KO1L520140115


    Good luck feeling big over a temporary shortage in supply.. I'm sure the board at POS is also a lot smarter than you and also understand the current situation of the NI price.



 
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