Poseidon Nickel Ltd (POS): Lake Johnston acquisition complete

Eye on re-starts: POS has started to prepare for production re-starts at both the Lake Johnston and Mt Windarra projects within 6 months of financing. POS estimates restart costs of approximately $11m at Mt Windarra and around $12m at Lake Johnston. A re-start at Black Swan for around $12m in start-up capital will occur at a later date and funded from operational cash flow.


 View the DJ Carmichael Retail Flash Note here >



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