Greetings all,
Bought in today, how could I resist so much potential in this little gem it's like PIO in the early days except with SPOD! This thing is going to explode its bigger than BGS!
I see so much potential in this stock and management seem to be a great job at keeping the info coming hard and fast.
PROS vs CONS:
PRO: Market Cap 16M
PRO: Initial Exploration Target of 15-18Mt at 3-5% Li2O+
PRO: Two rounds of historical drilling in 1969 and 1981, confirmed that the pegmatite extends at least 1,500m along strike, with very high grades (ranging from 3.5% –5.5% Li2O).
PRO: First Gold Production announced in April 2016
PRO:Expected cashflowsfrom GwandaEast gold production to propel lithium and gold development
PRO: Diamond drill rig programme to commence in July
con: Its in Zimbabwe... So What?? Meet Executive director "4th Generation Zimbabwean and a permanent resident and is a well respected member of the Zimbabwean mining fraternity" or a number of other advisors and management that reside there and have done for some time.
con: Its in Zimbabwe....Well at least we have SPOD and a lot of it! whats a bigger risk; drilling for a mineral that might not even be there all together or mining in a country that does actually have many other foreign invested companies on the ground and producing viably.
PRO: Accumulate now at a incredibly low prices and wait until Arcadia is at the same stage as PSC's Gwanda east project Gold project!!
- Forums
- ASX - By Stock
- PSC
- PSC = GOLD and SPOD!!
PSC = GOLD and SPOD!!
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSC (ASX) to my watchlist
|
|||||
Last
13.3¢ |
Change
-0.008(5.36%) |
Mkt cap ! $63.42M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.0¢ | $42.77K | 328.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14724 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 138982 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14724 | 0.130 |
3 | 43541 | 0.125 |
2 | 174333 | 0.120 |
1 | 5000 | 0.115 |
2 | 190000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 138982 | 3 |
0.145 | 110000 | 2 |
0.150 | 127221 | 3 |
0.155 | 89500 | 2 |
0.160 | 75312 | 4 |
Last trade - 14.14pm 09/07/2024 (20 minute delay) ? |
Featured News
PSC (ASX) Chart |