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Hmm it was a good announcement imo but that 340 Mil figure is...

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    Hmm it was a good announcement imo but that 340 Mil figure is for the entire project I.e psc only owns ~63%. Pls owns 100%.

    It is also a pre tax figure I.e pls' npv announcements use post tax figures.

    340*.63 = 214.2
    Minus tax @30% = 150Mil USD
    Or ~200mil aussie.

    Personally I would suggest upside to around 10-12 cents, possibly lower for a complete buyout from Sinomines. Even more upside if lithium prices go higher.

    No way it is the PLS of Africa lol, way too small scale. If psc considered building a 2Mtpa concentrator, then I would be interested.
 
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