PEK 0.00% 19.0¢ peak rare earths limited

re: Ann: Peak executes MoU with Chinese Rare ... longtermlegs .I...

  1. 5,436 Posts.
    re: Ann: Peak executes MoU with Chinese Rare ... longtermlegs .
    I hold NTU, and at same time i have my eyes opened to see how other REE are progressing towards production .

    I got interested in GGG on the day before "ban" was lifted.
    The SP rose from 32 to 46c on day of a good ann .(28th Oct)
    Currently GGG sp is 20c.

    Yesterday a good announcement full of hope for PEK ,saw the sp of PEK rise to 8.8 on a good volume.
    Currently 7.1

    You stated:
    " ACIIG agreed to underwrite a massive capital raising at 20 cents a share"
    "No one else wanted to know about NTU, and shareholders voted 99.62% in favour of the underwriting (little wonder). Most NTU shareholders did not participate as the cap. raising price was 20 cents when the share price was around 10 cents."
    "NTU share price now at 20 cents with 400M shares on issue - market cap. of $80M with $19M cash in the bank."
    Sp for NTU is moving in range of 19 to 21.Fair to claim that it is holding well.

    Fair to conclude that "a good partner" like ACIIG is one that puts the MONEY(funds) where mouth is .

    "chinese" are interested in anything with potential.
    IMO ,they like to see what you got to offer.
    It is when they show you the money that one knows that they are serious .

    ATM ,every REE s/holder is experiencing frustrations with the sp.

    Good luck to PEK holders for the New Year .

 
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