Good Call - unclear if rights based though. Hope so!„Based on...

Good Call - unclear if rights based though. Hope so!

„Based on the Group’s cashflow forecasts, as the Group works towards the finalisation of permitting and the commencement of development activities for the Ngualla Project, the Group will be required to raise additional funds over the course of the next 12 months.The Group’s ability to continue as a going concern and meet its debts as and when they fall due is dependent on its ability to raise additional capital.

As reported, with $3,795,541 cash at bank at the end of the reporting period, Peak is well funded in the short term to fund the short term pre-development activities, and its corporate and administration requirements. Further funding will be required to develop the project.”