POS 2.38% 4.3¢ poseidon nickel limited

we can make it but let's keep calm.

  1. 1,647 Posts.
    lightbulb Created with Sketch. 53

    Hi LTH,

    We deserve success. We all know we can make it.We got excited with our sp move from 3.7 to 4.5 not bad. Traders are having fun.
    AF and his mates are not in for a few peanuts. Target 55 cents then a dollar even 2
    AF is holding over 500 million shares. If he can make another billion he will. It will happen. Nickel stock is at its lowest level since 2007.
    One crucial point is the slow nickel recovering activity. Which is a great point.Therefore i don't expect a high rise in nickel stock for the next 12-18 months ;even majors nickel producers have great reserve like POS.
    Demand for stainless steel industry is a 6%increase year on year. Which is not too bad! In addition EV market sounds to take off.
    Regarding the overall market offer/demand/stock and EV market emerging. The nickel price should be trading betwen 7-9usd/lb for a long run.
    The nickel price recent surge could be based on speculation only. Which is not too good. Also i hope no hidden stock! This is my only concern. From 5.70 to 6.60 in less than 10 days...too much volatility which is bad for business. But if the recent nicke price surge reflects the bright nickel forecast market predicted by the best experts plus fears of long time nickel deficit. In that case, our sp will be trading at 10, 25 even 50 cents very soon. Our little company will announce stunning news if they feel it is the right time.
    We don't have to produce nickel or tolling ore right now to send our sp in the north.But we have to send a very strong signal to investors. Our little company needs to be re-rated.With nickel price help and our amazing infrastructure, competitive COP wow wow wow go POS

    We have been saying/repeating thousands of times above comments. We have all suffered. Our time may have come.
    If i had a few coins, i won't hesitate to buy some extra shares.

    Cheers

    Fredy





 
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Last
4.3¢
Change
0.001(2.38%)
Mkt cap ! $113.6M
Open High Low Value Volume
4.2¢ 4.3¢ 4.1¢ $30.85K 731.4K

Buyers (Bids)

No. Vol. Price($)
7 741470 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 742625 3
View Market Depth
Last update - 16.10pm 19/08/2019 (20 minute delay) ?
(live)
Last
4.3¢
  Change
0.001 ( 4.88 %)
Open High Low Volume
4.2¢ 4.3¢ 4.2¢ 122612
Last updated 15.01pm 19/08/2019 (live) ?
POS (ASX) Chart
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