PEK 7.69% 21.0¢ peak rare earths limited

Ann: A$30 Million Placement and Termination of Ngualla Royalty, page-6

  1. 229 Posts.
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    Oversubscribed as expected. I hope they don't pay much for the BFS update, the Tanzanian government share is what was expected and the only real thing that has changed is the NPDR price which anyone can go look up, its doubled in the last year and up 20% over the 2017 peak with tailwinds predicted. All the information is already there for this company to make an estimate on its NPV, its just a question of the value discount based on sovereign risk which everyone has a different view on.
 
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