PSC 12.7% 9.6¢ prospect resources limited

This will end in tears, page-37

  1. 227 Posts.
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    Hi @voncee its me again, PETALITE BOY.

    To answer your questions re: am I management or a chemical engineer for PSC ? No.

    But before investing due diligence is required. I am concerned two plants will be required. This involves double the investment , halves output and halves LOM.

    We are only talking 15-18Mt here. And so far the limited results confirm target is on track .

    PSC , IMO, will struggle to secure investment , unless they can increase reserve. Two plants for tiny reserve and short LOM is a sheet investment.

    I took my profits, and added to my PLS holding. I prefer pure and high grade spodumene only plays.

    If PSC was pure or at least majority (80% ) spodumene then it would have be a lot more attractive investment.

    gltah though make money where you can.
    Just don't get stuck with a hyped up lemon.
 
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