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  • Poseidon Nickel Limited

    Exploration, mining and production of nickel and other minerals.

    POS$0.006
     0.002 37.50%

    Data last updated:May 17, 2024 – 12.09pm. Data is 20 mins delayed.

    Previous Close

    0.004

    Open

    0.005

    Day Range

    0.005 - 0.006

    52 Week Range

    0.004 - 0.048

    Volume

    7,514,056

    Value

    38,578

    Bid

    0.005

    Ask

    0.006

    Dividend Yield

    0.00%

    P/E Ratio

    0.00

    Market Cap

    20.424M

    Total Issue

    3,713,534,776

    ASX Announcements

    Market Sensitive

    Lake Johnston Project Update

    Progress Report

    • May 17, 2024
    • 7 pages

    Market Sensitive

    Update on Proposed Sale of Lake Johnston

    Asset Disposal, Progress Report

    • May 9, 2024
    • 1 page

    Market Sensitive

    Quarterly Activities/Appendix 5B Cash Flow Report

    Third Quarter Activities Report, Third Quarter Cashflow Report

    • Apr 30, 2024
    • 23 pages

    Market Sensitive

    Update on proposed sale of Lake Johnston

    Asset Disposal, Progress Report

    • Apr 30, 2024
    • 2 pages

    Notification regarding unquoted securities - POS

    Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

    • Apr 11, 2024
    • 9 pages

    View all POS announcements

    This Month

    Mineral Resources boss Chris Ellison.

    MinRes in row over lithium processing hub

    Poseidon Nickel, worth $22 million, has mounted a David versus Goliath legal battle with $14.1 billion MinRes over assets in the Western Australian Goldfields.

    • Brad Thompson

    March

    Mineral Resources boss Chris Ellison.

    MinRes to retrofit WA nickel plant for lithium processing

    The Chris Ellison-led Mineral Resources will cash-in on nickel’s collapse by using idle infrastructure to process lithium.

    • Brad Thompson

    January 2022

    Forrest fuels another nickel bidding war

    Fresh from a nickel bidding war with BHP in Canada, Andrew Forrest looks set to push IGO Group to pay more for nickel miner Western Areas.

    • Peter Ker

    October 2021

    Bjorn Zikarsky: “I think what we are fighting in Australia still is the dig and ship mentality.”

    Australia urged to add value to critical minerals bonanza

    Proponents of an Australian battery materials refinery say far greater rewards are on offer from critical minerals if Australia embraces value-adding.

    • Peter Ker

    September 2021

    caption to come

    How to plug into the resources supercycle

    The clean energy revolution is driving a tectonic shift away from fossil fuels and into battery minerals, sending share prices higher and leaving companies with a lot to live up to.

    • William McInnes
    Advertisement

    July 2021

    Street Talk.

    Poseidon Nickel, Anteris, Alligator Energy join the raisers

    Fund managers were hit with a flood of microcap equity raisings on Thursday morning, as companies moved to make the most of buoyant markets. 

    • Anthony Macdonald and Yolanda Redrup

    May 2021

    Andrew Forrest is one of the largest shareholders in Poseidon Nickel.

    Twiggy-backed nickel miner caught in Singapore scam

    A nickel miner, backed by Andrew Forrest, has become ensnared in a $1 billion fraudulent trading scheme that is being investigated by Singapore authorities.

    • Michael Roddan

    April 2021

    Investors don’t need to invest in Tesla to get a slice of the EV pie.

    The Aussie stocks ready to benefit from electric vehicles

    Although many investors might be priced out of investing in stocks such as Tesla, there are other ways to get a piece of the EV action.

    • William McInnes

    December 2020

    .

    Short sellers target Western Areas’ nickel odyssey

    Short sellers are betting that Western Areas will need to raise equity to complete construction of its next nickel mine.

    • Peter Ker
    Poseidon Nickel is seeking capital.

    Four small cap players hunt capital injections

    A bunch of ASX-listed small cap players were making the most of frothy market conditions on Thursday morning, trying to lock in a pre-Christmas equity top-up. 

    • Sarah Thompson, Anthony Macdonald and Tim Boyd

    Cashed-up Forrest swoops on Canadian nickel project

    Andrew Forrest-owned Wyloo Metals has grabbed a big stake in Canadian company Noront and its high-grade nickel discovery in an area known as the Ring of Fire.

    • Brad Thompson

    August 2019

    Half a century ago, Keith Biggs was a butcher in Laverton who got lucky on nickel.

    50 years after Poseidon, big nickel is back

    The electric car boom has brought a new buzz around nickel, reviving memories of a global investment sensation that took place two years before Elon Musk was even born, writes Brad Thompson.

    • Brad Thompson

    September 2018

    Corporate watchdog puts bite on Andrew Forrest's Poseidon Nickel play

    The corporate watchdog has taken the highly unusual step of referring a capital raising to the Takeover Panel in a move that threatens to derail Andrew Forrest's plan to boost his stake in Poseidon Nickel.

    • Updated
    • Brad Thompson

    August 2018

    Andrew Forrest's Squadron backstops Poseidon Nickel raising

    Western Australian minerals exploration company Poseidon Nickel is readying its return to the ASX-boards, with news of a $75 million equity raising.

    • Sarah Thompson and Anthony Macdonald
    Copper-nickel ore moves along a conveyor belt. Norm Seckold expects prices for the fickle commodity to soar over the long term.

    Nickel Mines hits the boards on back of China steelmaker's punt on Indonesia

    Nickel Mines was an unknown private company with plenty of challenges in Indonesia. Then a Chinese steelmaker built an industrial park next door.

    • Updated
    • Brad Thompson
    Advertisement

    March 2018

    Poseidon forgets its cleansing notices

    Andrew Forrest-backed Poseidon Nickel has become the latest company to fall foul of disclosure practices, having been forced to place its shares in a trading halt until a hopefully expedited Federal Court order allows them to trade again.

    • Updated
    • Myriam Robin

    September 2017

    How the Rich Invest: Andrew Forrest

    Andrew Forrest's latest big investment is rugby union.

    • Updated
    • John Stensholt

    April 2017

    Andrew 'Twiggy' Forrest's stake in Poseidon diluted by cash strategies

    Billionaire Andrew Forrest's Poseidon Nickel stake has halved due to the embattled miner's cash conservation strategies.

    • Updated
    • Tess Ingram

    November 2016

    How the Rich Invest: Andrew Forrest bulks up Fortescue holding

    The value of Andrew Forrest's Fortescue holding has climbed by $3.8 billion this year but his other stocks are lagging.

    • Updated
    • John Stensholt

    September 2016

    Miners reel as Philippines threatens to suspend three-quarters of mines

    Australian miners were scrambling last night to understand the extent of mine suspensions ordered by the Filipino government

    • Updated
    • Peter Ker

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