PSC 3.13% 15.5¢ prospect resources limited

General PSC Chat/Discussion, page-18

  1. 3,908 Posts.
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    Agree with support hence my buys are placed there.

    This isn't brutal to me at all it's just good opportunity. Still in the green and really just positioning a large stake for minimum exposed capital.

    Occurs with all my long holds often 50% paper loss at times. Common if targeting 1000% ROI.

    PSc weekly 13.PNG

    Entering the weekly oversold zone which is typically the time to launch.

    PSc daily 17.PNG

    Daily cycle similar but more mature, suggest a bounce short term possible. MACD bear signal weakening showing decrease is bear trend. IMO support 12.5c-13c.

    Few people watching this. Daily views on this thread outstripping previous threads by 100% market view. I think subsequent bull runs will move a bit quicker. Recent sells IMO not CR as would be done by a discount. Looks like on market transferring or a large holder exiting decreasing position for my view.

    lower it goes better the RvR for me. 500-1000% is my easy 12-18months target. Finance secured and pop! AVZ at a similar stage but at 40% NPV (upside in NPV obviously!) PSC 5% now. annualised ebitda is similar. I hold avz i i obviously hope they secure financing, but feel the best benefits will be here. Expect avz could go close to 1bn or more with finance aced. Will bode well for Africa investment and place PSC at 1/20th the valuation and further developed/de-risked but sacrifice mine life and slightly lower EBITDA.

    SF2TH
 
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16.0¢ 16.0¢ 15.0¢ $32.75K 209.0K

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2 114604 15.0¢
 

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Price($) Vol. No.
15.5¢ 14000 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
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