PEK 4.35% 11.0¢ peak rare earths limited

peak to acquire 100% interest in ngualla rare , page-34

  1. 6,604 Posts.
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    This was the surprise scenario I most wanted to happen especially after reading Levevres very perceptive insights into the halt.

    This is uber bullish. Managment are saying we are willing to pay multiples of what we payed for the first eighty percent of Ngualla and Zaris gold for the remaining twenty percent.

    Total control. This is fantastic IMHO. Freedom to develop how we want, to sell how we want to share how we want and at no premium. Brilliant!!Well done Alistair, Mark (who now officially off the board but these things dont happen quickly so must have been involved), and all the other directors.

    As someone else basically said in years to come this will be recognised as a stroke of genius.

    And now we have a sale price set dont be at all surprised to see some really good clusters of drill results come out from some hot REE areas.

    Also I think it more than a coincidence also that we are doing our drilling of the base metal prospective zones and the better Niobium, Titanium, Phosphate zone after a purchase price has been set. Think about it...personally I see clever tactics written all over this.

    ST I dont care how the SP reacts to this, in my mind LT this is a master stroke and it has my full support.

    And Im glad I had those PEKs in the bottom draw, cause Im not sure those movie people fully understand my character. Lucky I had that place bet with the Shady Betting house on this being a Zari deal!!Lol!

    Seriously though I am stoked with this, its been a good week. Now if a half squad of Dockers can just knock off Collingwood tonight that will make it a perfect week! Ha ha!!

    Tretch
 
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