PEK 4.65% 22.5¢ peak rare earths limited

with the current market cap at 57 million, it seems very...

  1. 392 Posts.
    lightbulb Created with Sketch. 98
    with the current market cap at 57 million, it seems very underrated at the moment , i can only assume too many investors are too impatient , or use the stock market as a form of gambling looking for faster gratification...

    • Considering our grades
    • The amount of work and money done to get where we are on the path becoming a miner. we have spent more than our current market cap - the project is still moving forward through finance options.

    • The market either believes the risk is greater than in ground values.

    • as opposed to peers that have market caps upto 4 times ours
    • some still needing to essentially spend on infill drilling and other aspects of development - what we have done to get to a FID.
    • some still needing to find an offtake partner
    • some still need to get environmental and mine approvals
    • do batch plant processing to get the chemistry right
    • and in the similar market looking forward prices...

    i shouldn't complain as buying opportunities like this don't come around often.
 
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Last trade - 12.27pm 03/05/2024 (20 minute delay) ?
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