Not for much longer
ASX Announcement 24 July 2024
Signed Term Sheet with Shenghe for A$96m Investment
and Fully Funded Project Solution for Ngualla
• Peak and Shenghe have extended their partnership and signed a non-binding Term
Sheet supporting the development and funding of a low cost and technically
enhanced Ngualla Project
• Shenghe to provide a fully funded solution with no requirement for Peak to contribute
further equity funding towards the development of the Ngualla Project
• Targeting to finalise binding transaction documentation by the end of September
and a Final Investment Decision by the end of December 2024
Ann: June Quarterly Report, page-60
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