PEK 2.78% 17.5¢ peak rare earths limited

Ann: Phosphate Bioavailability Test Results, page-2

  1. 2,980 Posts.
    lightbulb Created with Sketch. 3590
    "Completed drilling demonstrates widespread and shallow mineralisation of
    phosphate with numerous intercepts >20% P2O5%"

    Could be a simple open pit type operation.

    Cant say i understand phosphate too well but 20% results seem very good.

    Add to this flouraspa, REE, phosphate and just as expected, these type of volcanic cones are just a massive wealth of commodities.... Shenghe must be licking their lips seeing us at 61m a month out from what was meant to be a turn-key financing agreement.


    On top of that,. REE still profitable

    https://hotcopper.com.au/data/attachments/5987/5987192-10ba5f87500bc2d8bb464fafd5f7293a.jpg


    what gives mr market? Answer = cheap takeover compliments of the order book being locked into a select few... Traditionally the opposite should happen but once again, we take the risks.. ASX facilitates a manipulation down and what will FIRB do? this is the issue that Shenghe and anyone colluding to buy this cheap hasnt taken into consideration....


 
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