PEK 4.55% 10.5¢ peak rare earths limited

Ann: Executed Offtake Agreement and Strategic MOU with Shenghe, page-21

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  1. 5,554 Posts.
    lightbulb Created with Sketch. 550
    Nice to see no gap in the chart today,
    Still a bit of churn from the CR and plenty of stale holders to work through, its been a tough gig for many.
    But this is a pivotal change in the companies history;

    • Shenghe to arrange and provide a fixed price and turnkey Engineering,
    Procurement and Construction (“EPC") solution and project funding solution.


    • Peak and Shenghe to collaborate around opportunities to reduce capital and
    operating costs, expedite construction and further optimise Ngualla

    This will kick things in the guts as far a progress goes.
    No more shagging about, its action time!

    Shenghe has the funds, the influence, the expertise and the motivation.
    They refind MP's processing dramatically and basically set them up to run independently.

    The market will quietly clear the deadwood and it should be a nice steady set and forget from here on in.
 
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