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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 31/10/18

1 year TSR5 year TSR
95thPoseidon Nickel55%-14%
131stBoss Resources39%42%
511thTNG-24%22%
758thCarbine Resources-63%-2%
782ndPredictive Discovery-67%-37%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

31/10/18
$0 Sold
20/09/18
$16k Bought
20/09/18
$266k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

124th↑Boss Resources$901k
125th↑TNG$883k
126th↓Poseidon Nickel$821k
127th↑Predictive Discovery$812k
128th↓Carbine Resources$796k
512 listed resources companies ranked by revenue.
Source: Morningstar

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