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Poseidon managing director and chief executive officer David Singleton.

Poseidon to buy Black Swan mine

Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel’s Black Swan project near Kalgoorlie for an undisclosed amount.

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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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