So they sold off Arcadia, a roughly 150ktpa SC6% capable deposit, and now they've decided to want to go off chasing complex LCT-Be-Sn pegmatites which at first glances from assay results, there appears to be a strong correlation between Li and Rb plus the location to LPD's Helikon and Rubicon deposits, this deposit is going to be plagued with lepidolite, petalite, amblygonite, and potentially add low amounts of spodumene to the mix. This would be a nightmare to isolate in a plant.
It's clear PSC has no intention of taking a deposit into production if they were so eager to pawn off Arcadia at the expense of shareholders, so what's the goal here earning into another company's deposit? Osino clearly didn't find enough interest here to continue exploration if they last explored here two and a half years ago. So earn-in a majority stake and then try convince Osino to on-sell it to LPD who won't have the cash to buy it?
Surely this cannot be the best project they could find across all Sub-Saharan Africa.
- Forums
- ASX - By Stock
- PSC
- Ann: Prospect enters lithium project in Namibia
Ann: Prospect enters lithium project in Namibia, page-3
-
-
- There are more pages in this discussion • 3 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
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $46.73M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.2¢ | $44.21K | 526.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 92104 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 87500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24904 | 0.082 |
1 | 37024 | 0.081 |
2 | 1012512 | 0.080 |
1 | 13000 | 0.075 |
2 | 55000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 87500 | 1 |
0.085 | 156275 | 1 |
0.088 | 11000 | 1 |
0.089 | 65658 | 1 |
0.090 | 31890 | 3 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
PSC (ASX) Chart |