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Poseidon Nickel's mothballed Lake Johnston processing plant near Norseman.

Poseidon finds new use for Lake Johnston

Poseidon Nickel has landed an agreement for Kidman Resources to use its mothballed Lake Johnston infrastructure to process lithium ore from the Melbourne-based company’s Mt Holland mine, in a deal potentially worth at least $18.5 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
103rdBoss Resources35%32%
294thPoseidon Nickel-5%-14%
437thCarbine Resources-29%-4%
534thTNG-41%19%
768thPredictive Discovery-70%-38%
730 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

116th↑Boss Resources$901k
117th↑TNG$883k
118th↓Poseidon Nickel$821k
119th↑Predictive Discovery$812k
120th↑Carbine Resources$796k
487 listed resources companies ranked by revenue.
Source: Morningstar

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