Poseidon Nickel Limited (ASX Code: POS) is a nickel sulphide exploration and development company with three projects located within a radius of 300km from Kalgoorlie in the Goldfields region of Western Australia and a resource base of over 420,000 tonnes of nickel and 180,000 ounces of gold.
Board and management are committed to a vision of building Poseidon into a sustainable nickel producer delivering value through performance and growth.
Poseidon owns three significant nickel assets with combined resources of over 420kt of nickel and aggregated processing capacity to treat up to 3.5Mtpa of nickel ore. Our business strategy is focussed on leveraging our existing asset base to grow Poseidon into a significant nickel producer.
To achieve its vision the Company will focus on developing a pathway to production, targeted exploration across our nickel asset portfolio and consider business development opportunities proximal to our existing assets. Our strategic pillars are summarised in the Company’s Business Strategy shown in Figure 1 below.
Key enablers to the Company strategy are ensuring key capabilities are resourced (either employees or contractors) to execute the strategy, the business is sufficiently funded for its growth path and we implement a strong ESG framework. The Company is early on its path to achieving its vision with these enablers continually assessed as we progress toward our stated goals.