I hope the sentiment in the lithium sector turns soon and PSC finalize the funding.
Here is a part of a promising statement from the Managing Director, Sam Hosack:
... During the past 12 months Prospect has pursued an extensive fund-raising exercise and engaged in a multitude of discussions with potential funders of the Project. Whilst this process has taken longer than initially envisaged, we are delighted to report that our efforts have yielded a promising shortlist of reputable Development Finance Institutions (“DFI”) that have rigorously evaluated Arcadia and expressed their keen interest to participate in the funding of the Project Costs associated with the development of Arcadia. We have engaged with these DFIs not just as sources of funding, but with a view of securing credible long-term strategic partners and supporters of our corporate mission underpinned by growth and development.
Accordingly the Company has progressed these discussions to a point where we believe that a syndicate of these DFIs will commit to providing sufficient funds via a combination of senior debt facilities and equity subscriptions, and the management team continues to work assiduously to conclude these negotiations and enter into binding agreements, which will soon allow Prospect to announce further relevant details to the market.
This is my personal opinion only and it is not financial advice. Do your own research.
- Forums
- ASX - By Stock
- PSC
- Ann: 2019 Annual Report
Ann: 2019 Annual Report, page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSC (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.6¢ |
Change
0.001(1.33%) |
Mkt cap ! $43.31M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.6¢ | $5.802K | 75.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7057 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.7¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7057 | 0.075 |
2 | 100000 | 0.073 |
1 | 362884 | 0.072 |
2 | 44621 | 0.071 |
4 | 307858 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 27536 | 2 |
0.088 | 40000 | 1 |
0.089 | 65658 | 1 |
0.090 | 31879 | 3 |
0.095 | 106357 | 1 |
Last trade - 14.45pm 28/10/2024 (20 minute delay) ? |
Featured News
PSC (ASX) Chart |