Due Diligence will take a while. My guess is there may be something in the wind with regards to a cornerstone investor (who will also want a look into PEK's DD and findings). An issue to raise $6m at a premium to the current price would have to be extremely bullish although even at the current sp this would be a solid sign of strength.
In the meantime whilst we wait on this there should be plenty more in the pipeline in the way of more assays and separation news along with the possibility of hearing some plans for the gold.
Great times to be in PEK particularly if this market turns up as currently an absurd risk premium is discounting our share price especially given the results we have released lately only to go backward in SP.
PEK Price at posting:
43.6¢ Sentiment: Buy Disclosure: Held
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