this could be the week. all progressing really well, and company...

this could be the week. all progressing really well, and company providing good updates.

Reading that * article regarding Zimbabwe - this is extremely positive on all fronts. Resource, Government support, financial incentives, lithium price, supply/demand crunch. Nearest short term lithium producer on ASX.

As we keep saying the country risk being applied 8% of NPV Vs peers at 50-80% yet 4 years away from production.---- its crazy really.

Other major policy changes to improve the attractiveness of investing in Zimbabwe include allowing companies to apply for Special Economic Zone (SEZ) status that grants benefits such as zero capital gains tax, five-year tax holiday periods, and attractive 15 per cent corporate tax thereafter.
The SEZ also allows for the operation of a foreign currency account in any elected jurisdiction, and independence from the exchange control policies of the Reserve Bank of Zimbabwe.
The SEZ program and associated policy amendments aim to turn Zimbabwe into a middle-income economy by 2030, a policy that Finance Minister Mthuli Ncube believes the country is on track to achieve.

Zimbabwe-focused companies to watchProspect Resources is focused on delivering its Arcadia hard rock lithium project as the lowest quartile cost producer.It currently boasts an ore reserve of 37.4 million tonnes at 1.22% lithium oxide and 121 parts per million tantalum pentoxide for 457,000t of lithium oxide and 10 million pounds of tantalum pentoxide.Arcadia is envisaged as a 2.4 million tonne per annum (Mtpa) project with pre-tax net present value of US$710m and internal rate of return of 71 per cent, life of mine operating cost of US$344 per tonne, and annual earnings before interest, tax, depreciation and amortisation of US$168 million.Development works on the pilot plant are progressing on schedule with Hosack noting that first product is expected by the end of this month.Additionally, an optimised feasibility study is on track for completion in the third quarter of 2021 that would pave the way for the company to secure funding and start operations.