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9.7¢ prospect resources limited

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LD99

7,237 Posts.

1389

05/08/21

19:22

Post #: 55065593
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Originally posted by kareela1971: ↑

Having just watched Biden’s speech. I got somewhat exited with US investing 2 trillion over 8 yrs in civil infrastructure, technology snd green energy.

As a holder, my only concern is that we are likely to partner with China / Russia.

That has already had a negative impact vs our competitors so I take pause noting that this geopolitical partnership has already significantly impacted the share price.

My point being is I wish we could / would announce a ‘friendly’ offtakes given we are an asx company.

Notwithstanding I’m confident as to the imminent and long term growth of our investment given the global demand and highly discounted valuation and am happy to see we are getting traction / more awareness in the market.

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Overall increasing demand for lithium is never a bad thing for the price.

Have the management team looked into offtake deals with African/Middle Eastern EV manufacturers? I've heard Saudi Arabia are trying to become less reliant on oil and are moving towards EVs too.

I admit, China & Russia will likely be the main market but most Australian mineral companies are heavily reliant on China and have seemed to fair extremely well lately despite any geopolitical risks.

PSC Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 9.7¢		Change -0.003(3.00%)		Mkt cap ! $53.80M

Open	High	Low	Value	Volume
9.9¢	9.9¢	9.6¢	$12.87K	132.9K

Buyers (Bids)

No.	Vol.	Price($)
1	10406	9.6¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	20163	1

View Market Depth

No.	Vol.	Price($)
1	499	0.097
1	10406	0.096
1	5340	0.094
1	10752	0.093
1	86900	0.092

Price($)	Vol.	No.
0.096	500	1
0.097	20163	1
0.100	69734	3
0.105	155580	2
0.110	270580	4

Last trade - 16.10pm 12/09/2024 (20 minute delay)

PSC (ASX) Chart