PSC 4.44% 9.4¢ prospect resources limited

Based on latest Chinese spot prices. If PSC and LPD did form a...

  1. 1,032 Posts.
    lightbulb Created with Sketch. 544
    Based on latest Chinese spot prices. If PSC and LPD did form a JV for concentrator plant in Namibia they would be receiving around $US 600/t CIF from Chinese convertors. That would net about $9mil per shipment after royalties, opex, freight, etc. of 30kt load. Extrapolating, 3 -4% lepidolite concentrate is fetching around 35% premium to spod.
    https://hotcopper.com.au/data/attachments/6091/6091978-78d85dfc9d6d50d7c6d3ab6cb5f405fb.jpg
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.