Poseidon could join IPO market mania with Lake Johnston spin-out

POSEIDON Nickel, a name historically synonymous with ASX stock market booms, may take advantage of the current era’s ‘frothy’ conditions by spinning out its Lake Johnston project, a nickel asset east of Perth in Western Australia comprising established resources and a 1.5 million tonne per annum processing plant.

Poseidon could join IPO market mania with Lake Johnston spin-out Poseidon could join IPO market mania with Lake Johnston spin-out Poseidon could join IPO market mania with Lake Johnston spin-out Poseidon could join IPO market mania with Lake Johnston spin-out Poseidon could join IPO market mania with Lake Johnston spin-out

The 1.5 million tonne per annum processing plant at Lake Johnston, WA

The company has mandated nickel sulphide geophysics experts Newexco to review exploration targets on the Lake Johnston ground, with a report from the consultant due at the end of the month.