"Peak executive chairman Russell Scrimshaw said: “This marks another major milestone for Peak, Mamba Minerals and the Ngualla Project. With the benefit of strong support from our partners, Shenghe and the Government of Tanzania, the Ngualla
Project is positioned to become the world’s next rare earth operation.“Importantly, the Ngualla Project will benefit from a fully funded solution, which will avoid the need for further equity funding from Peak shareholders.”
PEK Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
