Most lithium stocks do profit when Li price goes up, PSC doesn't move a single bit
What do we got:
Positive:
Mineral Resource at 1% Li2O Cutoff 43.2 Mt @ 1.41 % Li2O
Ore Reserve 26.9 Mt @ 1.31 % Li2O & 128 ppm Ta2O5
Plant Throughput 1,200,000 tpa
Life of Mine (LoM) +20 years
Spodumene Production (6% Li2O) avg. LoM 96,000 tpa
Petalite Production (4.1% Li2O) avg. LoM 127,000 tpa
Total Lithium Carbonate Equivalent (LCE) avg. LoM 27,000 tpa
Pre-Tax Net Present Value at 10% $401M
Mine in construction
70 % offtake Sino
new Zim government with support for foreign bussiness
funding for Li mine for nearly 70% financed
funding for LCE plant in progress (pilot plant already operational)
99,5 LCE Battery grade product produced
near 13 M in cash in hand
farm sales
First producttion scheduled for end june\begin july 2019
PSC ownership Arcadia Lithium Project 87%
Negative
Latelely no significant news, foto's, video's or interviews or media covering
We are stuck lately at a Mkt cap of 50 M
