Australian (ASX) Stock Market Forum

POS - Poseidon Nickel

POS have updated their Ni sulphide resource.

26Mt @ 0.72% for 189Kt contained Ni.
MC $150m.

CTM have:
108Mt @ 0.87% for 938Kt.
MC $330m.

You know it makes sense.


Screenshot 2023-06-07 at 5.24.02 am.png
 
Embattled Poseidon Nickel POS – now a penny-stock as the world doggy paddles in a sea of Indonesian nickel – has announced it’s restarted exploration at its Lake Johnston project about a week after MinRes walked away from buying it.
 
Embattled Poseidon Nickel POS – now a penny-stock as the world doggy paddles in a sea of Indonesian nickel – has announced it’s restarted exploration at its Lake Johnston project about a week after MinRes walked away from buying it.


WHEW !!

i hold MIN ( 'free-carried' )

after my adventures in PAN and WSA ( both losses ) and crystallized profit via take-over of MCR

i would rather avoid increased nickel exposure in Australia , i will hope NIC does the nickel exposure thing for me in the future
 
On February 19th, 2025, Poseidon Nickel Limited (POS) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between POS and its shareholders in connection with the acquisition of all the issued capital in POS by Horizon Minerals Limited (HRZ).
 
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