This is my favourite part of the article:
... While Prospect Resources looks to finalise securing the capital to build the project by April this year – largely through debt so as not to dilute the company’s shareholding ...
Looking forward to the steps ahead:
... Procurement will also start in April immediately after the necessary funding has been secured. Mine pre-strip and development is scheduled to start in May and process plant construction in June.
... If the development schedule is maintained, this will seecommissioning start in July 2020 with a four-month ramp-up to nameplatecapacity.
... We will be the largest producer and supplier of petalite in the world.
... Importantly, while the phase one plan is to produce a lithium concentrate, Prospect Resources is looking to enhance its downstream processing capabilities by ultimately producing lithium chemical products.
I hope PSC also starts soon with a feasibility study for the downstream chemical process, producing lithium carbonate and/or lithium hydroxide.
This is my personal opinion only and it is not financial advice. Do your own research.
This is my favourite part of the article:... While Prospect...
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $59.78M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $154.3K | 1.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38013 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 95482 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PSC (ASX) Chart |