PEK 2.78% 18.5¢ peak rare earths limited

Ann: Shareholder Approval of Capital Consolidation, page-45

  1. 91 Posts.
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    I still think that it will be post consolidation $10+ but its all a matter of time and patience. Opportunity loss is the real killer because this will be a fairly painful hold for the next 6-12 months until there is significant, concrete movement on the economic framework being finalised and the SML signed in hand not just at the cabinet level. The company is currently well funded to move those stages so I have no urgency to think that this is going to pull a GGG and fall apart in the space of a few months and happy to wait it out and play with other stocks in the short term. Doesn't mean I enjoy seeing this current SP.
 
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