Investor Presentaiton
Arcadia Lithium Project - Reputation Established
Prospect has a proven track record of substantial shareholder value
generation through the systematic de-risking and advancement of the
world-class Arcadia Lithium Mine Project
From 2016 through to early 2022, Prospect was
$400
$300
focussed on the exploration and development of $500
its flagship Arcadia Lithium Mine Project in
Zimbabwe. Our team progressed Arcadia from
initial discovery through resource definition, early-
stage technical and economic evaluation,
definitive feasibility study, offtake agreements,
pilot plant operation and a strategic project
financing process.
As part of the strategic financing process, we
received a highly attractive offer from Zhejiang
Huayou Cobalt to sell Arcadia, which was
ultimately accepted. Completion of this
transaction took place in April 2022 and saw the
sale of our 87% interest in Arcadia for
approximately US$378 million cash.
$200
$100
$0
-$100
PSC market cap.
at Arcadia Project
acquisition (ASM)
(May 2016)
Total new equity
funds raised (A$M)
(May 20 16 July 2022)
84
Cash distribution
(ASM) (July 2022)
Residual cash
(ASM) (July 2022)
444
34
A$388M
Organic Equity Value
Created and Realised
+1,500% PSC share price appreciation over this period
Prospect Resources
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