PSC 7.14% 13.0¢ prospect resources limited

Ann: Trading Halt, page-12

  1. 809 Posts.
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    Just read through the 25th February announcement and the following paragraph is of interest:

    Project Funding and Offtake Discussions

    The Company is advancing discussions with strategic corporate and institutional financiers as well as
    early-stage discussions to consider a development joint venture with a large corporate investor.
    The Company is continuing discussions with its existing offtake partners alongside a number of
    potential offtake partners in relation to its spodumene production profile and its staged development
    plan, with a key focus on meeting project financing requirements. These activities will be run in parallel
    with the preparation of the revised feasibility study to deliver a more certain implementation plan.
 
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