Good thought Rameez, but my view has never changed on PEK, In absence of known buyer for PEK's product, the project has little or no value - hence current sp. I must admit I always thought we would have locked in downstream partners well before now, but then the sovereign risk is clearly such a big issue no-one in their right mind would sign a deal. The question becomes IF we overcome the sovereign risk (to at least an acceptable level) and IF we have some buyers committed for our product - THEN what would this project be worth? Clearly LYC market cap gives some insight and the WES offer strongly validates it.
So if we want to get back to good old days of "rockets to the moon" my call is that upon announcement of SML we get to 8.0c. Upon announcement of off-take partner we shoot to 15.0c. Any other takers???
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Good thought Rameez, but my view has never changed on PEK, In...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
20.5¢ | 21.0¢ | 20.0¢ | $8.98K | 43.82K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17969 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 73288 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17969 | 0.200 |
4 | 114738 | 0.195 |
2 | 32631 | 0.190 |
1 | 70000 | 0.185 |
3 | 74000 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 73288 | 1 |
0.220 | 93012 | 3 |
0.225 | 36158 | 2 |
0.230 | 109368 | 5 |
0.240 | 60000 | 2 |
Last trade - 15.59pm 19/08/2024 (20 minute delay) ? |
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PEK (ASX) Chart |