PEK 2.78% 18.5¢ peak rare earths limited

Ann: Bankable Feasibility Study Update, page-62

  1. sjl
    1,203 Posts.
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    Best case: a bit of an information leak, and the framework agreement is set to be signed along with the release of a cracker of a BFS update.

    Worst case: what you said.

    We're now just over six weeks after the last update said "it is expected that the BFS Update will be finalised and announced during the next 6- 8weeks, together with an update on the status of negotiations on a Framework Agreement and potential offtake marketing arrangements." So the timing is about right. At the very least, I would expect to see an announcement from the company by the 26th (being eight weeks after the announcement on the 31st of August - an announcement which still leaves a bit of a sour taste in my mouth from being released at the last possible moment) to update us on where things are at in general.

    I know what I'm hoping for. But I'm also painfully aware of how this company has progressed in the market ever since the initial ore estimates were published.
 
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