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Geologist Mick McMullen is senior adviser to Black Mountain.

Poseidon attracts $66m takeover

Privately-held US group Black Mountain Metals, which has recruited three experienced Perth mining executives to its leadership team, has flagged a takeover bid for Poseidon Nickel at six cents per share.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
61stPoseidon Nickel121%-18%
88thPOZ Minerals91%18%
465thTNG-7%24%
760thCarbine Resources-60%-0%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

20/09/18
$16k Bought
20/09/18
$266k Issued
19/09/18
$283k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

126th↑TNG$883k
127th↓Poseidon Nickel$821k
129th↓Carbine Resources$796k
130th↑POZ Minerals$795k
510 listed resources companies ranked by revenue.
Source: Morningstar

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