PEK 0.00% 18.0¢ peak rare earths limited

Ann: Trading Halt, page-56

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  1. 399 Posts.
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    @rusty182

    Excellent post, couldn't agree more. The PEK team has invested signicant time, effort and resources over the years into optimising the beneficiation and refining process flows, not to mention the operational (including environmental permits) and logistics planning of the Ngualla operation and the Teeside Refinery that has been ongoing. If the SML is granted (which I see no reason why it shouldn't), and notwithstanding the current absence of funding and offtake agreements (which itself is understandable in the absence of the SML), I think this should reflect very favourably in the timeline to production.

    In the interests of nonholders perusing the thread, just a quick snapshot of the Ngualla Project from the preso 22nd Feb 2021.

    https://hotcopper.com.au/data/attachments/3385/3385291-c0a3c6c192c701b3e6ed266d5858f1bb.jpg

    https://hotcopper.com.au/data/attachments/3385/3385300-e1a855f9cbdd272c6e80ce8891e92ebd.jpg
 
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