PEK 0.00% 22.0¢ peak rare earths limited

Ann: Bankable Feasibility Study Update, page-5

  1. 596 Posts.
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    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
 
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