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Poseidon chief executive officer David Singleton.

Poseidon raises $30m to fund nickel projects

Poseidon Nickel has raised $30 million in an oversubscribed placement to fund development of its Mt Windarra and Lake Johnston projects.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/18

1 year TSR5 year TSR
162ndIntermin Resources81%17%
165thPanoramic Resources79%1%
210thSymbol Mining54%0%
385thPoseidon Nickel11%-27%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

03/01/18
$16k Issued
03/01/18
$19k Issued
03/01/18
$16k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

59th↑Intermin Resources$10.1m
60th↓Panoramic Resources$9.1m
61st↑Poseidon Nickel$9.0m
62nd↓ATC Alloys$8.8m
63rd↑Symbol Mining$8.3m
498 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Poseidon Nickel

41stDavid Singleton$648k
150thMichael Rodriguez$644k
203rdNeil Hutchison$447k
Ranked by total remuneration from all listed WA companies

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