This is my favourite part of the article:... While Prospect...

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.