BKT 3.33% 5.8¢ black rock mining limited

Thanks. This morning Peak has come out with an announcement...

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    Thanks.

    This morning Peak has come out with an announcement addressing the signing ceremony.

    Peak Rare Earths Limited (ASXEK1) (“Peak”) is aware that the Tanzanian Ministry of Minerals has indicated that it is planning to hold a signing ceremony in respect of various mining agreements, including agreements with Peak’s Tanzanian subsidiary, PR NG Minerals Limited, on 13 December 2021.

    As per previous guidance provided to the market, Peak is continuing to progress discussions and negotiations with the Government of Tanzania with respect to an Economic Framework Agreement, Shareholders’ Agreement and other related documentation required as part of the formal grant of the Special Mining Licence by the Minister of Minerals. However, at this time, no agreements have been finalised, approved or signed.

    Obviously its hard to know if something is lost in translation or whether the signing ceremony was in reference only to BKT. Either way even if it doesn't come on the 13th I think its pretty safe to say that given statements by the Ministry that it is pretty much sorted.
 
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