PSC 4.30% 9.7¢ prospect resources limited

Ann: Research Report Hunter Capital Advisors, page-10

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  1. 519 Posts.
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    What's the most likely means of securing the remaining funds for capex? Debt or CR?

    Also I keep seeing the 10$m from Sino subject to the installation of a ball mill. But the ball mill is not on the flowsheet. Does that mean the DFS is already in play?

    Lithium processing is usually 3 stages of crushing, mica removal, 2 stages of concentration through heavy media, to make a 4 and 6% spodumene concentrate and flotation only if you want to convert from 4 to 6%. As in all 6% or more.

    So the ball mill must be for the flotation circuit, which again suggests advanced engineering.

    IMO.
 
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