Our current share price is ridiculously low considering what we have.
A world class REE mine.
Admittedly the NdPr prices are down, temporarily I believe, but they are REE that will be required for the future electrification/decarbonisation.
We now also have Fluorspar and Phosphate (that are in demand) discoveries that look very promising, with further drilling to confirm how big the deposits are.
“The bioavailability results are extremely pleasing and highlight the future potential to
develop phosphate from the Northern Zone. Phosphate is critical to food security and
enhancing agricultural yields in East and Sub-Saharan Africa. Previous drilling has already
demonstrated widespread phosphate within the Northern Zone and we look forward to
assay results in coming weeks, which should further define this mineralisation. We remain
of the view that the Ngualla Deposit can support a world-class, multi-commodity and
multi-generational project"
Peak has already had approaches regarding both our Fluorspar and our Phosphate deposits.
"Preliminary discussions are underway with multiple strategic parties around the future
development and supply of phosphate from the Ngualla Deposit. These may support a
capital-light opportunity to co-develop a phosphate project alongside the Ngualla Rare
Earth Project"
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- Ann: Phosphate Bioavailability Test Results
Ann: Phosphate Bioavailability Test Results, page-8
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