PSC prospect resources limited

IS this better? COMPLETION OF A$10,000,000 PLACEMENT TO SINOMINE...

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    IS this better?

    COMPLETION OF A$10,000,000 PLACEMENT TO
    SINOMINE AND US$10,000,000 PRE-PAYMENT ON
    US$557MILLION OFFTAKE WITH SINOMINE
    Highlights:
    • Completion of placement to Sinomine of A$10,000,000 at 6c per share
    • Amended US$557 million offtake agreement signed with Sinomine
    Resource for approx. 70% of Phase 1 production over 7 years1
    • Repricing of spodumene and petalite formula resulting in a projected
    US$61m increase in Project NPV to US$401m
    • Sinomine Resource to make an additional US$10,000,000 prepayment
    under offtake agreement
    • Prospect takes back control of build and finance timetable
 
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Last
29.0¢
Change
0.010(3.57%)
Mkt cap ! $227.9M
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Last trade - 16.17pm 03/07/2026 (20 minute delay) ?
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