PEK 2.70% 18.0¢ peak rare earths limited

The first and probably most important requirement for a company...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 385 Posts.
    lightbulb Created with Sketch. 167
    The first and probably most important requirement for a company applying for an SML is that the company will spend over $100m US in Direct Foreign Investment (DFI) on the project. In our case that would be the cost of construction of the mine and roads leading to the mine.
    If a project is under $100m in DFI, then a company would not be able to apply for an SML and would apply for another mining licence like a Medium Licence (ML) or something like that.
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.