PEK 2.70% 18.0¢ peak rare earths limited

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  1. 12,380 Posts.
    lightbulb Created with Sketch. 725
    I reckon 10 cents is a good conservative figure but will depend on what is announced ( sales agreements, finance etc) with or just after the SML.
    I also reckon that with the trade war threat etc etc then PEK would have to be on the radar of several big players who have the opportunity to takeover a company that has a proven resource ready to develop. Two years and you would be producing ND & PR from one of the biggest proven deposits in the world.
    CAPEX as per feasibility = US $ 365 million
    Takeover price at A $ .20 = US $112 million
    Producing at a total cost of US $ 487 million
    So that looks pretty cheap at a takeover price 20 cents Aussie = 14 cents US per share.
    Just my simple guess.
 
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