PEK 0.00% 18.0¢ peak rare earths limited

am i missing something here?

  1. 823 Posts.
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    After trawling through many posts I am a little confused as I have gleaned the following:

    PEK seems to have to have similar if not higher concentrations of REE than ARU.
    PEK seems to have a deposit at least 4 times bigger than ARU (and possibly much, much bigger than that).
    ARU has been estimated to be producing $1 billion of REE annually in the not too distant future.
    ARU has a market capitalisation of $250 million, PEK $25 million.

    Not taking anything away from ARU, it is definitely a winner, but the potential of PEK blows my mind.... unless of course I am missing something.

    Cheers

    BN



 
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