PEK 7.14% 19.5¢ peak rare earths limited

Ann: Bankable Feasibility Study Update, page-5

  1. 596 Posts.
    lightbulb Created with Sketch. 433
    Well if you consider that we need GOT more then GOT needs us, and we already have a RE processor on the registry, make sense no?
    I would not consider this a loss, on the contrary, its a win as it lets us focus on our priorities of getting our mining project off the ground with minimal CAPEX - that's key.
    Lot's of projects sound very rosy when they have huge resources and stellar BFS/PFS - the main point where they fail is...you guessed it! - project CAPEX financing.
    Good going PEK team - get those small wins and in no time, we will have a project from where we can build up and vertically integrate.

    I personally think this is a blessing in disguise and we don't know it yet - you only need to take one look at the current macro-economic situation to realize how hard it is to get project's financed.

    Me personally, I'm budgeting to pick up another 20-25K shares.
    Last edited by LovesMining: 31/08/22
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
-0.015(7.14%)
Mkt cap ! $51.85M
Open High Low Value Volume
20.0¢ 20.0¢ 19.5¢ $88.14K 445.7K

Buyers (Bids)

No. Vol. Price($)
3 5600 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 12170 1
View Market Depth
Last trade - 15.01pm 08/07/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.