Hmm it was a good announcement imo but that 340 Mil figure is for the entire project I.e psc only owns ~63%. Pls owns 100%.
It is also a pre tax figure I.e pls' npv announcements use post tax figures.
340*.63 = 214.2
Minus tax @30% = 150Mil USD
Or ~200mil aussie.
Personally I would suggest upside to around 10-12 cents, possibly lower for a complete buyout from Sinomines. Even more upside if lithium prices go higher.
No way it is the PLS of Africa lol, way too small scale. If psc considered building a 2Mtpa concentrator, then I would be interested.
- Forums
- ASX - By Stock
- PSC
- PLS of Africa!
PSC
prospect resources limited
Add to My Watchlist
3.57%
!
29.0¢
PLS of Africa!, page-3
-
Top Stories
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
