PSC 3.70% 14.0¢ prospect resources limited

Ann: Prospect sells interest in Arcadia for US$378M, page-418

  1. 254 Posts.
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    If you have 15 mins spare , especially now that the cricket is already over , have a watch again of this briefing from just 2 short months ago .
    Points of note being
    1.39 very focused on development
    2.33 partnership process
    9.18 robust project
    10.00 taken the risk out of the project
    12.30  advantages of having a petatilte project



    Unless I missed it , there was no mention of selling our prized asset ? Especially when we raised $18 million just 2 months ago for  "early works , purchasing long lead items , & strengthening the strategic partnership process" . My email will be sent tonight . Looking forward to Sams reply

    I'm trying to understand how some think this will be a great opportunity to start again . How often do companies find 1 truely world class deposit, never mind a second ? Look at the length of time it took Prospect to get to this stage . And now there is the geo political risk of operating in Zimbabwe , even more apparent , of any project being taken away from us whenever it suits them best , even with having great relationships with the Zimbabwean government .
 
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