POS 3.92% 4.9¢ poseidon nickel limited

if it can help

  1. 1,725 Posts.
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    Dear T and others,

    If it can help..see below

    On the assumption that: -
    No fresh equity is raised -
    The forecast cost of production of US$5.10/pound is met -
    The forecast production of 8,000 tonnes per annum is achieved -
    The current nickel price of US$18,000/tonne is maintained -
    The AUD/USD exchange rate remains at 67c
    Then potentially Black Swan could be operating at a gross profit of circa A$70m per annum. Given it currently has a very short mine life of 3 years I would not expect the market would pay a large premium for the shares but a share price of 8c – 12c would not be unreasonable.

    This is what can happen soon. this is just the starter. But expect it much higher something like 15-25 cents soon.Waiting for a TH for a great menu (offt atke agreement, news buyers, and son on) for a 50 centsand sp value and the desert for my retirement 1 buck even 2
    .Nothing less

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