Articles On Poseidon Nickel (ASX:POS)

Summary  The ASX200 ended 1.34% higher at 7,491.40, led by strong buying in tech and banking stocks. The index briefly breached 7,500 level during the session. BNPL majors Afterpay and Zip Co topped the gainers’ list, while Boral emer...

The capital raise will support work towards a potential operations restart at Poseidon’s flagship nickel sulphide asset, with drilling to commence immediately.

The Poseidon Nickel Ltd (ASX: POS) share price is in the red this morning, sliding 9.63% to 12 cents at the time of writing. The dip from the market open comes after Poseidon announced an update on its Black Swan operation. Private place...

The armed forces could be called upon to enforce Sydney’s strict lockdown, and we might see troops on the streets as early as Monday. On the bourse, the benchmark ASX 200 has closed 0.40% lower on Friday, but was flat for the week. The mini...

The Poseidon Nickel Ltd (ASX: POS) share price won’t be going anywhere today.   Shares in the exploration company entered a trading halt before yesterday’s session. In addition, Poseidon also released its quarterly update earlier today. Le...

Resources and tech stocks led the ASX back into positive territory Thursday. After a drop yesterday, led by tech, the bourse rebounded with the ASX 200 closing 0.52% higher. Resources led gaining 1.51% and tech gaining 2.6%. The only sector...

The company has been granted a trading halt until Monday, August 2, 2021, or when an announcement is released to the market.

Summary Returns for the ASX200 in July have been somewhat muted, with the benchmark index generating a return of 0.91%, significantly lower than the 12.03% YTD returns. However, July has been a strong month for several ASX players that...

Fund managers were hit with a flood of microcap equity raisings on Thursday morning, as companies moved to make the most of buoyant markets. 

The latest results, awaiting assay, come in a week that Poseidon Nickel shares hit a seven-year high.

“The results from the scoping study demonstrate that both processing plants can be refurbished at a relatively low cost and in a relatively short period of time,” says MD & CEO.

It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years. In China about 235,000 plug-ins were sold in Ju...

Summary The ASX 200 has continued its momentum in the opening session, making a record high. All three major US stock indices also closed at an all-time high on Friday after a volatile week. Metals X Limited is planning to recommence...

The Poseidon Nickel Ltd (ASX: POS) share price is soaring after the company released the Definitive Feasibility Study (DFS) for its Windarra Gold Tailings Project. The company expects the project’s gold tailings to provide a cash flow it c...

"We will be actively looking for a high-quality partner to work with to bring this project into production or a party to acquire the project so we can monetise the asset for Poseidon shareholders,” says CEO & MD.

After months of rumours, BHP (ASX:BHP) has finally revealed one of the mining industry’s worst kept secrets – that it will become a supplier of nickel to EV giant Tesla. The news was not price sensitive for BHP apparently, but drove the min...

Poseidon managing director and CEO Peter Harold reckons the company’s WA projects are at the centre of a perfect storm – poised to enter production in 2022 as nickel demand is forecast to soar. “I think there is a supply shortage coming, I...

What happened to the most talked about commodities in June? Star performer iron ore hit US$US220/tonne (again) late in the month to be up ~38% year-to-date. The benchmark lithium price in index was up another 2.9% month-on-month, according...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade.   WINNERS Scr...

The resource definition drilling program started in late April 2021 and is designed to increase confidence in the continuity of the Golden Swan mineralisation.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Australian shares had a positive start to the week despite closing well off intraday highs. After gaining as much as 0.44% the ASX 200 closed just 0.09% higher at 7,315 points. The ASX Emerging Companies Index meanwhile lost 0.33%, closing...

Securities will remain halted until Tuesday, July 6, 2021, or when an announcement is released to the market.

Panoramic Resources (ASX:PAN) is poised to rejoin the ranks of nickel producers after securing the funding it needs to restart the Savannah nickel-copper mine in WA’s East Kimberley region. This comes after the company met all conditions re...

Summary Batteries play a very strong role in the low-carbon energy transition by providing significant energy storage space. The current surge in electric vehicles' demand has created pressure on nickel, lithium, and cobalt suppliers....

Golden Swan mineralisation remains open in both plunge directions, as high priority drilling continues to delineate extensions in both directions.

The company’s 13,000-metre resource drilling program originating from the Golden Swan drill drive is expected to deliver a maiden resource and will test for potential extensions beneath and adjacent to the current discovery.

The company is confident the Golden Swan resource drilling will result in the delineation of a maiden resource that has the potential to be exploited in the near term.

Moho has a steady pipeline of activity ahead at the East Sampson Dam prospect within its Silver Swan North project just north of Kalgoorlie in Western Australia. The company has secured approval to start an aircore drill program at the pros...

With a price moving back towards US$20,000 a tonne, nickel has shrugged off the worst of a 20% crash in February and become an investment opportunity where you can follow the money – and “the man”. In the case of nickel, a high value metal...

V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players. This latest video conference focuses on the Bat...

Summary Andrew Forrest’s private investment firm is seeking to buy the remaining stakes in Noront Resources. Noront holds the high-grade Eagle’s Nest project within the Ring of Fire region. Forrest has been building a nickel investmen...

One day on from POSCO’s big Ravensthorpe mine purchase and already a new nickel float is mooted to take the ground next door public. Talk about striking while the iron is hot. Medallion Metals (ASX: MM8), the freshly listed owner of the Rav...

Aussie nickel juniors are bound to be happy after Korean steelmaker and battery precursor producer POSCO paid top dollar to clinch a 30 per cent stake in the Ravensthorpe nickel operations on WA’s south coast. It follows years of speculatio...

The ASX nickel sector has got its mojo back after enduring a price shock for the stainless steel and battery material in March. The nickel price tanked 20% in early March but is again knocking on the door of $US8/lb – a level that gets the...

Further drilling of the highly prospective Southern Terrace will be undertaken from the new drill drive and two rigs are in position with the 13,000-metre resource definition program underway.

Argonaut Securities has labelled Poseidon Nickel’s recent Golden Swan discovery in Western Australia as an “across-the-cycle nickel find” and a “stepping stone to a bigger play” in initiating coverage on the company.  Poseidon (ASX: POS) co...

By 2030, UBS predicts we’ll need a lot of manganese, lithium, cobalt, rare earths, nickel and copper if car makers are to hit some very ambitious production targets. They estimate EV penetration increasing from 4 per cent currently to 20 pe...

Stockhead’s ‘Garimpeiro’ columnist Barry FitzGerald is back in the studio for another instalment of The Explorers Podcast. In this episode Barry chats with Peter Harold, managing director and CEO of Poseidon Nickel (ASX:POS). Poseidon Nicke...

Source: Enjoy The Life, Shutterstock Summary ASX 200 increased 0.8% on Friday, however it edged lower Monday morning with a decline of almost 33% following the quarterly rebalance announcement. ASX 200 saw 6 new companies being added...

ShareCafeHidden Gems Webinar Recap – POS, OLL, PYG, CRO Catch up on the full webinar with presentations from Poseidon Nickel (ASX:POS), Open learning (ASX:OLL), PayGroup (ASX:PYG), Cirralto limited (ASX:CRO) Hidden Gems Webinar Recap – POS...

ShareCafePoseidon Nickel (ASX:POS) – Hidden Gems Webinar Presentation Presenter – Peter Harold – Managing Director & CEO – Poseidon Nickel Limited is a nickel sulphide exploration and development company with three projects in the Gold...

Source: guteksk7, Shutterstock Summary The year 2020 was a blockbuster period for the global electric vehicle (EV) market, with Europe and China leading the list. The shift towards sustainable energy is stimulating the EV revolution....

Source: buffaloboy, Shutterstock Summary The global rush for clean and green energy has given birth to the electric vehicle (EV) revolution. Australia is one of the leading suppliers of nickel and lithium. Hence, Australian miners are...

Special Report: Poseidon Nickel looks to be timing its run to restart its West Australian nickel operations to perfection as ... Read More The post Poseidon positioning itself perfectly for new nickel boom appeared first on Stockhead.

The Golden Swan Drill Drive construction project commenced in early December 2020 with completion scheduled for the end of this quarter.

The company’s exploration strategy is to build a high-grade inventory at the project and report a maiden mineral resource for the new Golden Swan discovery by Q3 2021.