POS 20.0% 0.4¢ poseidon nickel limited

Windarra Funding, page-53

  1. 9,773 Posts.
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    How many pos posters have been benched now, its ridiculous-
    Colyn, dr tesla, senator, diesel, sprooker mrs einstein, I guess ill be next! Mods are clamping down on pos wondering why this penny stock is always in top2 or top 13 discussed last 3 months when sp move merely doubled 10c to 20c. Mods and drampers like ecrawf, steve70 and meerkat soon back on here to give us grief no doubt.

    Bhp smelter in kalgoorlie is a logical next step acquisition wHen pos is producing but bhp dont want to sell nwest piecemeal which like norilsk will be changed as many ni companies want some but not all of nwest- kambalda producers like mcr, pan want the kambalda mill, pos want the lienster mill, glencore and pos or pan may want the bhp smelter, glencore want mt keith, glencoe want the kwinana refinery.

    pos can acquire lienster mill for $50M, kalgoorlie smelter for $100M, norilsk lj & bswan for 2.5M, bhp wont sell these now but this may change in 2015 after no one buys nwest as a whole.

    I reckon, pos to do a offtake deal with jinchuan for all concentrate from Bswan and LJ, tolling deal with wsa now at lj and sir for 2016 july, bswan to mill pos windarra excess ore and bswan ore feb 2015 and pan mt jewell ore 2016, lj and bswan mills are only at 50% capacity on current plans so why leave it fallow when it would be profitable win win for pos and the toll suppliers?

    pos will be the toll negotiator with other ni miners, the bhp negotiator for offtake and sale of its mill and kalgoorlie smelter, a top 2 producer and top 2 resource holder and greenfield explorer plus a top 2 toller using lj and bswan. Expect LJ drilling to find another 2 flying foxes and laverton jv to find another 2 windarras with cerberus ore to go bswan. This is why funding by fmg bank holders will be $100M+, enough to restart and rseal roads plus engage staff and crank up the mills at once,

    windarra high grade ore and lj settlement and 100M funding next 3 weeks, if np rebounds to 8.00 then maybe even earlier. Windarra results eerily silent for last 9 months despite cr may 2014 for that purpose. Smelter of bhp would be next year cream on the cake if they can get bhp to sell it piecemeal.
 
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