PSC 10.0% 11.0¢ prospect resources limited

Ann: 2019 Annual Report, page-11

  1. 798 Posts.
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    absolutely agree, wish i hadn't taken out that loan to top up when the offtake agreement was promising production by the end of this year. I only did so on the promise of the dfs and offtake agreement which was supposed to be set in stone. BUT nooooo, of course not (i understand its the nature of the game) but when you go and change the entire game plan around and screw every little investor who've been backing you for years, it's foul play. They could still go ahead with the original plan, have income coming in for the next year and a half until they get the bigger facillity sorted, but for some reason they'd prefer to sit on their laurels and lose cash at an incredible burn rate, just idly waiting around. I mean, what on earth for?? the company COULD be generating revenue already, so why arent you doing it hughe? makes absolutely no economic sense whatsoever. Must be the geniuses you brought on board, hughe were doing very well up to that point. well done. now, lets just all position ourselves so they can stick it in a bit further and hang on for a bumpy 18 mth ride everyone. No logic to it whatsoever.
 
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