PEK 4.55% 10.5¢ peak rare earths limited

Ann: Executed Offtake Agreement and Strategic MOU with Shenghe, page-22

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,906 Posts.
    lightbulb Created with Sketch. 360
    This is a good annoucement.

    I chatted to an M.D at diggers over the last couple of days who stated that once off takes are binding a project should command a mkt cap 70% of that of the NPV.

    The risked NPV on our project is 775 mill AUS.

    So theoretically we should be worth 550 million. 4 bags from here. What gives?

    Anyone think we won't get finance? Capex is low. $350 mill. Our major Chinese investor friends purchased a good amount at $1.

    Can please have a little rerate here me mkt. Cynical dog you.
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $32.17M
Open High Low Value Volume
11.0¢ 11.5¢ 10.5¢ $126.2K 1.141M

Buyers (Bids)

No. Vol. Price($)
16 751970 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 280460 2
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.