Prospect considering finance options as lithium feasibility work continues

PROSPECT Resources will report feasibility results for a 2.4 million tonne per annum development of its Arcadia lithium deposit later this quarter as financing options are considered for “a range of strategic groups under a formal partnership process” being overseen by Azure Capital and Vermillion Partners.

 Prospect considering finance options as lithium feasibility work continues  Prospect considering finance options as lithium feasibility work continues  Prospect considering finance options as lithium feasibility work continues  Prospect considering finance options as lithium feasibility work continues  Prospect considering finance options as lithium feasibility work continues

Prospect testwork at Arcadia in Zim

Capex of circa-US$200 million is likely required for the project in Zimbabwe, with Prospect today reporting results for a modular development initially costing $140 million for a 1.

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