PEK 0.00% 22.5¢ peak rare earths limited

Don’t get me wrong. After the years of turmoil being in this...

  1. 274 Posts.
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    Don’t get me wrong. After the years of turmoil being in this investment I’d really love to see it developed but I think that is an extreme outside chance.

    we can thank connoisseurs of that fine drop Koolaid, like that pest Chinasyndrome, for driving pensana’s valuation so high. Because post our mining licence, we are ~2 years ahead of pensana with a BFS and full licences in both Tz and UK.... and no radioactive concerns. Therefore, we can comfortably justify a takeover valuation higher than Pensana’s market cap of ~$600m or ~40c...

    so whilst it would be great to see this developed by us as Peak, I also won’t be unhappy with a takeover higher than 40c...
 
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