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4.30%

9.7¢ prospect resources limited

Ann: New Zimbabwe Government gives Priority Status to Arcadia, page-27

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justfriendau

1,966 Posts.

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25/01/18

02:11

Post #: 30550360
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Originally posted by Crazy-Trader ↑

The agreement with Sinomines, which requires them to full fund the construction, and re-payment deducted spod deliveries.... is essentially at +$50mill upfront offtake payment..... that is a very large upfront offtake payment.

As compared to KDRs +$600MC, and TAWs $200MC evaluation based on their 50% of resource/reserves/production/revenue..... I really see current shareholder making 3-4 bags min, after the keys are eventually handed over by Sinomines (hopefully, they can get it sorted within 12 months, as stated in the MOU)

... thats, if:

1. There final JV terms generally along the lines of the MOU.

2. There is not another coup, this time organise by pro-Mugabe/socialist fractions.

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PSC will be 25c after 100 days of Zimbabwe govt rapid result initiative and resource worth approx. $3.3 billion alone excluding 7 years Sinomines off takes deal (390,000 tons) and ~ 30% tailing,

PSC Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.7¢		Change 0.004(4.30%)		Mkt cap ! $55.45M

Open	High	Low	Value	Volume
9.6¢	9.7¢	9.4¢	$15.97K	166.4K

Buyers (Bids)

No.	Vol.	Price($)
1	7782	9.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.8¢	20000	1

View Market Depth

No.	Vol.	Price($)
1	7782	0.097
1	42039	0.096
2	125000	0.095
1	95872	0.094
1	103750	0.092

Price($)	Vol.	No.
0.098	20000	1
0.099	43471	1
0.100	28975	2
0.105	75000	1
0.110	315213	6

Last trade - 15.01pm 18/11/2024 (20 minute delay)

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