PSC 7.14% 13.0¢ prospect resources limited

Ann: Acquisition of Advanced Cu Project in Zambia, page-56

  1. 5,510 Posts.
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    good observation, but equally, did those associated wth the long option derivatives, hit and run after SP spiked at 17 cents . I really don’t know enough to judge whether this has been the case, but the derivative position was an irregular event for PSC.

    PSC can be a heart breaker, it experiences these extraordinary SP which then fade. I learnt to take my profits along the way, now reassessing my next re - entry point. We’re along way from a mining licence and plenty of time to take another big position. I’m still a big fan of PSC , and do believe the team will deliver substantial value to shareholders willing to go the distance.
 
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