1,300 metre mine depth, only 13,000 t nickel, plus no details on costs to get it out of the ground. Was owned previously by Norilsk who sold it to POS...if so amazing, why sell?
The announcement was just another attempt to spruik what has been a long line of inability to execute promise at POS. I would recommend having a read of the POS threads to see the infighting and reading the announcement (as opposed to it's tagline) as it's a pretty misinformed comparison.
P.S. shares on issue won't mean much if anything even remotely close to Nova is found. Should only be focusing on MC
MPJ Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held