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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 29/06/18

1 year TSR5 year TSR
139thPoseidon Nickel94%-22%
272ndElement 2533%17%
424thCape Lambert Resources3%-14%
685thMatsa Resources-38%-14%
802ndXTD-70%-58%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/07/18
$155k Issued
06/07/18
$37k Issued
06/07/18
$32k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

61st↑Poseidon Nickel$9.0m
76th↑XTD$3.4m
78th↓Matsa Resources$3.1m
80th↑Element 25$3.1m
81st↑Cape Lambert Resources$3.0m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Poseidon Nickel

35thDavid Singleton$648k
135thMichael Rodriguez$644k
183rdNeil Hutchison$447k
Ranked by total remuneration from all listed WA companies

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