PSC 7.14% 13.0¢ prospect resources limited

PSC Charts, page-295

  1. 799 Posts.
    lightbulb Created with Sketch. 292
    LTR's MC has gone up another 10% to reach $1.1 Bn. Lithium miners look bullish since LTR should be now over-valued.

    Coming back to PSC, I'm surprised to see some people still selling. I guess "crappy" minds only see PSC as "crappy" stock as they could not see the fundamental progress in PSC. They probably still think that there is a chance for sp to come back down to 15-16c..without realising that PSC is about to go thru a phase change...a fundamental change toward a producer - pilot plant, more off-take partners, capex (maybe $70-80m) raised via off-take pre-commitment, debt financing and CR (at higher sp), full production by 2022/23....and extraordinarily strong profitability/cash flow given tax exempt status for the first 5 years of ops (thereafter only small bit of 5%) and super low operating cost.

    Can you see tiny bubbles already starting to form in the water? It is about to go thru phase change to steam. Once it becomes steam, it is impossible for people to grasp...and by then you can only regret or dream. LOL!

    Accumulate while we still can. GLTA and stay tuned!
 
watchlist Created with Sketch. Add PSC (ASX) to my watchlist
(20min delay)
Last
13.0¢
Change
-0.010(7.14%)
Mkt cap ! $62.22M
Open High Low Value Volume
14.0¢ 14.0¢ 13.0¢ $37.32K 276.6K

Buyers (Bids)

No. Vol. Price($)
2 9916 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 28082 2
View Market Depth
Last trade - 15.41pm 19/07/2024 (20 minute delay) ?
PSC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.