PSC 3.03% 16.0¢ prospect resources limited

Lithium will rise like the Pheonix, page-90

  1. 5,489 Posts.
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    dodged a bullet when a weaker storm than expected blew through Sydney offshore this evening . No snapper .

    yes, I finally picked up some info about the CR via the MD’s recent tweet. So there’s plenty of cash in the bank. I will say first off that as an modest ocean swimmer myself, Stan has my abiding admiration for competing in the Rottnest Swim. that’s a marathon swim and says something about his ability to take a long term approach to a task.

    it does appear that might be exactly what’s needed with PSC, as cursory reading of the thread suggests that quite a few of the older guard here are not inspired by the Management team’s efforts to do date. From what I understand, the new MD joined PSC in January 2019, and so far has failed to light up the boards. however, the MD is long on tweets and has stated recently that the CR is transformational and PSC ‘s time is Now.



    my Basic technical analysis suggest that there is a long term trend in motion, but it’s marred by the selling of investors that remain unconvinced . 10 cents would be very fair buying , and there certainly is no urgency right now to get , but set right now. It’s a long term proposition and unlikely to dive upwards 100% or more in the next 3 to 6 months as other stocks like A.Q have managed well in recent times. To me, you can’t compare this MD with the likes of BL, who is a known quantity , executes well and has a track record that is examinable and transparent in AUS.

    Which brings me to a small reservation I have with the history of the board and its overseas achievements . I could be wrong , but I had trouble spotting a home grown Australian manager on the PSC board. Call me old fashioned , but Australians are really good in the Mining and Oil and Gas space, and board has a preponderance of African connections.

    had trouble understanding whom the shareholders are behind the nominee entities on the Top 20 registry.





 
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Last
16.0¢
Change
-0.005(3.03%)
Mkt cap ! $78.98M
Open High Low Value Volume
16.5¢ 17.0¢ 16.0¢ $34.93K 211.9K

Buyers (Bids)

No. Vol. Price($)
1 43476 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 107100 2
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