Look at the break down they would need at least $40mill USD for capex..... all up we have 20mill AUD ($15mill USD)... and there would be $10mill USD from the chinese at ball mill stage.... we are still short $15mill USD.
The $9.1m for mining pre-strip, etc. can potentially be delayed....there does not appear to be alot of pre-strip needed.... but not a good idea.
![]()
.... Maybe, the want to delay things until the 30 July 2018, so that they would be in a way better negotiating position. Who knows.....
If you look at CATL IPO (company was only founded in 2011), lithium is big business in china (same a solar panels a few years back) and there are many chinese companies trying to position themselves....
I think sinomines would lend us the money we need.... after all, they need the raw resources.
- Forums
- ASX - By Stock
- PSC
- Ann: Arcadia Lithium Mine - progress update in photos
Ann: Arcadia Lithium Mine - progress update in photos, page-14
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSC (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $64.62M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.0¢ | $16.98K | 125.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 125229 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 37558 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32500 | 0.135 |
3 | 125229 | 0.130 |
4 | 111081 | 0.125 |
8 | 387451 | 0.120 |
4 | 204826 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 37558 | 1 |
0.140 | 10555 | 2 |
0.145 | 94140 | 2 |
0.150 | 100500 | 2 |
0.155 | 94261 | 3 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
PSC (ASX) Chart |