PSC 2.86% 18.0¢ prospect resources limited

Well I got my number plates ready, now all I need is to wait for...

  1. 681 Posts.
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    Well I got my number plates ready, now all I need is to wait for the Chinese to stop manipulating the price lower to take it over and I'll be able to pay off the rest of the Lambo.rolleyes.png


    https://hotcopper.com.au/data/attachments/1359/1359280-af830bd4c9cf1c7d94f0db801ec7a3a3.jpg

    Larger CAPEX = bigger plant = more annual lithium production = more lithium now available for offtakes = hopefully (and yes I'm now down to the hope phase of investing) an offtake partner will provide the funding. They must have received feedback to this nature while searching for funding otherwise they likely wouldn't have gone with the 2.4mt scenario. From memory I think they actually stated that in an Ann but i cant be bothered looking back through. So now they have 30% committed to Sino and 70% available to sell, whereas before Sino were taking 70% of annual production (again from memory so fact check before remortgaging your house to average down)
 
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