Poseidon outlines Black Swan flight path

THE Andrew Forrest-backed Poseidon Nickel has approved a A$3 million accelerated works program to support the restart of its Silver Swan and Black Swan mines, and the Black Swan concentrator outside Kalgoorlie, in response to the recent stunning improvement in nickel prices, which recently touched US$8.40 per pound.

Poseidon outlines Black Swan flight path Poseidon outlines Black Swan flight path Poseidon outlines Black Swan flight path Poseidon outlines Black Swan flight path Poseidon outlines Black Swan flight path

Silver Swan could rise again.

With nickel now above $6.50/lb for more than a month, well above the junior's estimated all-in sustaining costs of $5.