PSC 6.67% 16.0¢ prospect resources limited

Ann: PSC acquires option over the Malemba Nkulu project - Amended, page-25

  1. 519 Posts.
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    Thanks guys.

    Interesting that Arcadia was found in the same way.

    Of course being Africa's largest producer sounds pretty good but I think what the average investor has overlooked here is that a land grab for free is not a bad thing.

    That's not to say that Arcadia is not the primary focus right now.

    Has anyone considered that Sino could be behind this... I mean PSC want to increase potential future reserves (long term thinking) but if Sino want to source Lithium soon from Arcadia and are not worried about other tenements then it would stand to reason that they want to fund the whole thing (try again anyway) or even buy out PSC.

    Someone suggested 4c. That would be at a 33% discount to what they were offering earlier.
 
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