PEK 0.00% 21.0¢ peak rare earths limited

Ann: Corporate Presentation, page-62

  1. 1,725 Posts.
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    Regarding my previous post below:

    "Yeah our market cap is well down on peers.
    Page 22, of Orior Capital report interesting.
    According to Figure 24:
    1. Framework Agreement Finalization (Government) expected end Jan.
    2. Bankable Feasibility Study completed end Feb.
    3.Front end Engineering & Design due to be completed by Sept 2022.
    4. Offtake agreements completed by June 2022
    5. Project & Export Financing completed by Sept 2022
    6. Final Investment decision Sept 2022
    I think successful completion of point 3 is pretty much a given.
    I would hope that once points1 & 2 are completed then points 4 & 5 would fall into place fairly quickly. You would think there is a queue busting the Peak door down to get a piece of this.
    If that's the case then maybe point 6 could be brought forward.
    I will seek clarification at tomorrow's meeting"

    I did ask the question at the meeting.
    As i expected they couldn't really add too much to the above.
    They are expecting that the timelines will be met.

    However if they want to get the share price moving it shouldn't be too hard once points 1 & 2 are completed.
    All that needs to be done is an announcement stating:
    *there has been a lot of interest regarding off take agreements.
    *now that a framework with the Tanzanian Government has been completed and successful completion of the updated BFS we are expecting off take discussions to commence in earnest.

    Then comes the MOU for off take BOOM
    Then comes the funding BOOM
    Final investment decision BOOM
    Commence production BOOM



 
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