Loading…
Loading…
PSDNF (Poseidon Nickel Limited) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Nickel spot prices were significantly lower the last month and LME inventory was slightly lower. Nickel market news - Nickel market to swing to mild surplus persisting beyond 2022: Nornickel.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF)'s confidence is growing in the potential for nickel sulphide concentrates from its Black Swan project to be suitable feed material for Pure Battery Technologies Ltd's (PBT) proposed pCAM refinery hub in Kalgoorlie, Western Australia. Leaching test-work conducted by PBT using pressure oxidation has returned positive preliminary results, achieving a greater-than-90% extraction of nickel and greater-than-95% extraction of cobalt.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) has received promising results from a scoping study assessing the estimated capital and operation expenditure necessary for refurbishment and operation of the Lake Johnston processing plant and associated infrastructure. The study by GR Engineering Services Limited concluded that the Lake Johnston processing circuit and associated infrastructure in Western Australia could be refurbished for an estimated cost of $31 million, a price Poseidon considers a bargain in comparison to the cost of building a new facility.
Moho Resources Ltd (ASX:MOH) has been granted a new exploration tenement adjoining the southern boundary of Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF)'s highly prospective Black Swan nickel operation in Western Australia. Promisingly, Moho's new tenement, E27/623, adjoins Poseidon's M27/200 tenement that hosts the high-grade Silver Swan nickel sulphide deposit.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) continues to advance the Black Swan Nickel Project toward a production restart, making progress on the ‘Fill the Mill' strategy as it attempts to grow the known resource and diversify feed stock sources for the processing circuit. Poseidon believes recent high-grade assays from resource drilling indicate the potential for an increased mineral reserve, with the possibility of adding to Black Swan's JORC-compliant reserve of 6,800 tonnes of nickel.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) is encouraged by the latest batch of infill drilling assays from a program at its Silver Swan nickel camp in WA. Here, the explorer doubled down on exploration at the Silver Swan Channel in the hopes of increasing the project's high-grade resource and reserve base for its 'feed the mill' strategy.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) has made strong progress with its 'Fill the Mill' strategy and bankable feasibility study that are driving the Black Swan Project in Western Australia towards a potential restart. The company adopted the 'Fill the Mill' strategy in July this year focused on feeding the existing 1.1 million tonnes per annum processing circuit with a combination of feed sources to maximise nickel units produced.
Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) has identified further high-grade nickel-copper intervals in resource extension and infill drilling within and around Tundra Mute resource at Silver Swan Project in Western Australia. The program aims to increase the confidence in the current Silver Swan resource, by converting existing resources from inferred to indicated.
No recent filings indexed.