PSC 3.70% 13.0¢ prospect resources limited

What's the most likely means of securing the remaining funds for...

  1. 519 Posts.
    lightbulb Created with Sketch. 31
    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.
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
-0.005(3.70%)
Mkt cap ! $62.22M
Open High Low Value Volume
13.0¢ 13.0¢ 12.0¢ $48.08K 384.4K

Buyers (Bids)

No. Vol. Price($)
1 11000 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 4761 1
View Market Depth
Last trade - 15.54pm 11/07/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.