Prospect Resources Ltd (
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 LtdT: +61-8-9217-3350
E: info@prospectresources.com.au
WWW: www.prospectresources.com.au
Related Companies
Related Industry Topics: