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Poseidon Nickel Provides Update on Black Swan Restart Project and Secures Federal Government Funding for Pure Battery Technologies — ASX:POS| ASX Mining News & Discussion
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$POS Poseidon Nickel Provides Update on Black Swan Restart Project and Secures Federal Government Funding for Pure Battery Technologies
Poseidon Nickel (ASX: POS) has shared an update on the progress of its Black Swan 1.1Mtpa “Fill the Mill” project with a focus on the Bankable Feasibility Study process. The following are the key points of the update as of April 5th, 2022:

Resource Definition Drilling

The Black Swan disseminated drilling program below the open-cut pit has been completed.
A Silver Swan Resource update is due early this month, and Mining Inventory is expected to increase.
The EM platform hole below Tundra-Mute is underway.
Metallurgy Update

Metallurgical test work on various ore sources, nickel recoveries, and potential concentrate specifications are well advanced.

Ore characterisation and blending tests continue to demonstrate that the Fe:MgO ratio in concentrate can be improved.

Regrind test work on Black Swan disseminated samples confirms a higher nickel grade can be achieved in the final concentrate.

Bankable Feasibility Study (BFS)

GR Engineering is well underway with the engineering component.
Further drilling and metallurgical test work are required to ...
Poseidon Nickel Provides Update on Black Swan Restart Project and Secures Federal Government Funding for Pure Battery Technologies

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Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
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Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore. There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience. Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?