PEK peak rare earths limited

Ann: Trading Halt, page-43

  1. 559 Posts.
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    Without a doubt this discount price is disgusting and the company needs to address why they couldn't get a better price. I'm certainly not happy

    teaside sale obviously hasn't gone as they predicted in it's timeframe , either the interested suiter fell through, or the delays rests on typical government buerocracy, particularly environmental issues and it's due diligence.

    strange this has been the 4th company I follow or invest in past month that's gone to raise Capital.

    i don't know if it is is anything regarding USA elections.

    which brings me to my greater concern for this company and that's seems Trump is going to be president again, which means tariffs on China, and a subdued market for rare earths in the largest economy in the world, he is not pro renewables and doesn't support wind turbines which is a massive magnet market. I expect subdued rare earth prices for next 4 years, and not only peak but every other explorer trying to get a project going is going to be in same position we are. The only way is to get opex down to make it economically feasible at the past years ore price. Laughable that even fluoride demand could take a potential hit in price since trumps health advisor is anti fluoride in public water advocate .

    read the point in announcment that says in conditions that shenghe needs to put forward it's ability and chemistry know how to make this project economically feasible. Well all I can say if they can't then no other rare earth company can either. So as much as we are tethered to them , I can't see what alternatives we had outside them.

    if you disagree please list comparable companies or how going forward was peak to obtain a required offtake agreement and then the finance and including the intellectual know how.

 
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(20min delay)
Last
28.0¢
Change
-0.005(1.75%)
Mkt cap ! $98.59M
Open High Low Value Volume
28.5¢ 28.5¢ 28.0¢ $66.79K 234.6K

Buyers (Bids)

No. Vol. Price($)
9 864052 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.5¢ 29357 2
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Last trade - 11.18am 26/06/2025 (20 minute delay) ?
PEK (ASX) Chart
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