PEK 2.78% 18.5¢ peak rare earths limited

ann out, page-31

  1. 356 Posts.
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    Well Im unashamedly 'all in' on Peak. I know there are a couple of other guys on this forum who are in a similar boat.

    Even by conservative estimates I think we will be building towards a total resource larger (perhaps much larger) than that currently at Mt Weld but perhaps at a more moderate overall grade. I think from memory the LYC 1.4MT at a 2.5% Cut off.

    Anyway
    PEK Market Cap today : $73 M
    LYC Market Cap today : $3 B (Thats right $ 3000 M)

    3000/73= 41 times Share Price

    This is of course not taking into account capital raisings, derisking costs etc.

    Still I would be happy with a 10 bagger :D
 
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