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Prospect Resources Ltd (ASX:PSC) are pleased to provide the Company's latest presentation at the Africa Down Under Conference, September 2016.

Operating in Zimbabwe & Southern Africa

- Prospect is licenced by the Zimbabwe Investment Authority+ to:

- Own its assets; and

- Operate within Zimbabwe

- We are compliant with all Indigenisation Ownership Laws of Zimbabwe

- All loans into Zimbabwe are approved by the Reserve Bank of Zimbabwe

- Prospect has been operating within Zimbabwe since July 2013

- Zimbabwe Country Statistics

-- Zimbabwe Currency: US$

-- National Language: English

-- One of the highest levels of education and literacy in Southern Africa

-- Average Annual Inflation Rate of 1.02% between 2009-2016

-- Current Inflation Rate: -1.6%

Our Capability and Ability to Execute

- Africa, more so than many continents is all about being able to execute your business plan in a timely manner.

- A company needs to have on the ground personnel (not fly-in fly-out) who can:

- Identify transactions, quickly carry out due diligence

- Make time acquisition decisions

- Finance the deals

- A company needs to negotiate terms whereby all stakeholders have a meaningful interest in the asset and its success so that:

- Our shareholders receive value;

- Local stakeholders receive value; and

- The local community receives value.

- After acquisition, the risk is then development risk, finance risk and speed of execution.

- When a Southern African project vendor comes to talk to Prospect, they know we will review the asset quickly and allocate the right people to job. We don't farm-out to faceless consultants.

- Prospect has the demonstrated ability to identify, acquire, finance and execute a development plan.

To view the presentation, please visit:
http://abnnewswire.net/lnk/HZ215I5D


About Prospect Resources Ltd

Prospect Resources Limited (ASX:PSC) is based in Australasia with operations in Zimbabwe and is a publicly listed company. We are committed to creating value for Prospect's shareholders and the communities in which our company operates. Our vision is to build a Southern African based mining company of international scale.

 

Contact

Prospect Resources Ltd
T: +61-8-9217-3350
E: info@prospectresources.com.au
WWW: www.prospectresources.com.au



Link: Presentation - Africa Down Under Conference


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