If our company does not make revenue and be profitable this year with this environment. we will lose all our credibility and then is over regarding our dream to retire. it is NOW or Never
The impact regarding the SOI depends on the conditions it was done and the result of it. From 300 million to 2,8 billion SOI in 13 years.. Any company would have been bankrupt. But it was the only alternative during nickel depression. Also all investors have suffered in the nickel environment (not only in POS) and therefore it was understandable. Minerals are cycling.
However today it is not the same story. We are entering in an amazing minerals market demand for nickel, lithium, uranium, cobalt for at least 5 years. To be honest even I'm not an engineer we don t need all these minerals for EV, so many others alternatives are on the table ; and it will go ahead but not in the next five years. Why ? The world has decided to go ahead with currently EV battery. Discussion have been on table the past 5 -7 years; They cannot change their approach in mid-term. We will go for nickel..
If investors don t see any major moves whatever the reason. They have no reason to invest any single cent in Poseidon. There are so many fascinating nickel explorer starts u ; never mind if they don t have all our infrastructure and our blabla blabla., If i can make money i won t hesitate to invest in their challenge. AOU , GAL have doing very well.
It is in our interest to move on soon. The feasibility study is based is on 400KMN (METAL NICKEL) . So far we have talked about interception high grade nickel BUT not the size. So we must stick with the 400kMN (metal nickel) In addition, no updates about COP1 plus investment required to turn the key on with what we have in hands.
I expect storming newssssssssssssssssssssssssssssssssssss, i hope so then 25, 50 cents and a buck mate
Fredy still in there but it is getting long now
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