PSC 3.13% 15.5¢ prospect resources limited

Lithium Supply and Demand, page-8

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    MASSIVE PROFITS FOR PSC SHAREHOLDERS

    Prospect’s Resources ( AVERAGE ) annual concentrate production is expected to be approximately :

    212,000 tonnes of 6% spodumene,
    +
    216,000 tonnes of 4%petalite and which now
    +
    And Now + (Plus) 203,040 more tonnes of 4%Petalite which is the extra Petalite that can be produced by PSC , due to the flotation process , and where the Petalite was almost doubled .
    +
    188,000 pounds of tantalum pentoxide.

    And now PSC can also Blended their Premium Ultra low iron Spodumene concentrate into the Premium Ultra low iron Petalite concentrate to produce more Petalite concentrate for sale at Premium prices well above the US$1,500/tonne

    The Petalite coming out of China sells , ( from US $1,300 - $1,500/t ) But Prospect Resources , Petalite is a Premium ultra low iron Petalite( And should be worth more than $1500/t )

    So if PSC Premium Ultra low iron Spodumene can get a minimum US $750 /t .

    The (Average) total of 212,000 t/pa Spodumene can be produced annually ,
    (minus) -30% for the Spodumene which goes too Sino's as per the offtake agreement in place .

    30% × 212,000 tonnes/pa/Spodumene ) = 63,600 t/annum/Spodumene for Sino's offtake agreement =

    63,000 t/pa of Spodumene with minimum Estimated (times ), × US $750.00 /t =

    = US $ 47,250,000 million Dollars will be paid to PSC from Sino /annum ( gross profit)
    +
    Then we have 149,000 t/pa Premium Ultra low iron Spodumene left over ( Balance )
    Which PSC will use the left over Spodumene to blend it with their Premium Petalite .So the total Petalite tonnage + Spodumene tonnage is :

    216,000 tonnes + 203,040 = 419,040 t/pa of Petalite concentrate + the balance of the Spodumene of 149,000 t/pa to be blended with Petalite.

    This will give PSC : 419,040 Petalite +149,000 Spodumene = 568,040 t/pa of Petalite/Spodumene blend.

    The Total Petalite Blend /per annum concentrates 568,040 tonnes of PETALITE BLEND × US$1500/t =

    = US $852,060,000 Million Dollars for PSC Premium Petalite/Spodumene blend /per annum ( gross profit ) ( Absolutely Awesome Result)
    +
    (Plus) +188,000 pounds of tantalum pentoxide × approximately now US $75 / pound =

    = $14,100,000 Million Dollars /per annum ( gross profit )

    This is My calculation below based on PSC (AVERAGE ) tonnage produced over 1 year :

    Spodumene for Sino US$ 47,250,000 +
    Petalite/Spod Blend $852,060,000 +
    Tantalum Pentoxide $14,100,000 =

    =Total Revenue Profit = US$913,410,000 million Dollars PER/ANNUM and tax exemption for 5 years,........based on an ( AVERAGE PRODUCTION ).. WOW
    ( THIS ABSOLUTELY AWESOME RESULT ).

    And Over a 16 Year mine life =
    16years × US $913,410,000 /annum =

    = US $ 14,504,736,000 Billion Dollars Gross profit over 16 years mine life for PSC..WOW...

    This would be a MASSIVE Gross Profit for PSC Directors and shareholders , if PSC the gets the rest Binding offtake agreements in place, For All of its Concentrates .

    My Speculation/ View is that PSC Directors should be able to sell the Arcacia deposit to U1 for at least US$1.3 BILLION DOLLARS ,

    Because U1 will make at least US $913,410,000 Million Dollar Revenue/Gross Profit annually .

    And If URANIUM 1 can't afford to pay at least $1.3 BILLION DOLLARS for A World Class Deposit like Acacia ,

    THEN PSC SHAREHOLDERS SHOULD KEEP THE ARCADIA DEPOSIT AND PROCEED TO MINE.

    So based on the PSC Recently announcement with SIBELCO'S offtake agreements for 7 years and 100,000 t/ year ,

    THIS IS THE BIGGEST PETALITE offtake agreements EVER MADE in the WORLD History,
    This is ABSOLUTELY AWESOME RESULT.

    I can't Believe how THE HIGHLY PAID MINING ANALYST haven't worked out the REAL TRUE VALUE of the Arcadia Deposit ,

    And the PSC share Price.... ( Which I think Should be worth + $3.80 per Share NOW based on these announcements with SIBELCO'S and SINOMINES offtake agreements in place )

    SINOMINES & SIBELCO'S 7 YEAR Offtake Agreements in place givesPSC :
    =US$47,250,000 + US$150,000,000 =

    = US$197,520,000 Million Dollar Income
    Per Year × 7 years =

    = US$1,382,640,000 Billion Dollars Income Over 7 Years
    +
    PSC ALSO HAS
    More Premium Petalite and Spodumene for For sale

    +
    Tantalum Pentoxide for sale.

    So TO ME at this Very moment WITH ALL these thing in Place,
    Any Bank in the World would Finance PSC MONEY TOO BUILD A MINE

    THIS SITUATION FOR PSC IS A NO BRAINER

    MY VIEW IS PSC SHARE PRICE SHOULD BE WORTH
    $3.80 per Share as of today

    MASSIVE PROFITS FOR PSC SHAREHOLDERS

    All the very best to all the shareholders

    Hang onto your Hats...lol

    ( As I have said before this is my Views and research Only and this is not to be used for any investing advice or decisions , DO YOUR OWN RESEARCH. )
 
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