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.
PSC Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held
