PSC prospect resources limited

Ann: African Lithium Project Exploration Update, page-6

  1. 411 Posts.
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    They always seem to make great calculated decisions ay! Even if they move Step Aside in the short term, it's a smaller asset / the potential seemless buyer is nearby as others have suggested. So although we might take a discount on SA compared to a boom, you can't win them all and we still have Namibia in the back pocket. Then they've mentioned Namibia expenditure is going to be pulled right back to the bare minimum whilst awaiting a lithium resurgence which you would think is inevitable, tick. Lastly, this likely shows they've got little interest in raising capital any time in the short-medium term, so personally I couldn't be happier. Card playing to perfection imo. Although there's potentially not much in this accouncement increasing their present 'value', this announcement excites me more than most.
    all imo only / nfa
 
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