PEK 2.50% 20.5¢ peak rare earths limited

Hi WiiburThanks, i like the fact that you have only used a 10m...

  1. 265 Posts.
    Hi Wiibur

    Thanks, i like the fact that you have only used a 10m average thickness, the average thickness is likely to be much bigger than 10m as the depth is unknown, further more i note that you have used cubic meters, we could multiply your BCM(Bench Cubic Meter) figures X 1.5 to get a tonnage figure which all resources are measured in.

    All in all i think that your numbers in relation to the size could prove to be very conservative, the grades so far are good, the tonnage is the billion dollar question.

    I truly beleive that PEK are sitting on the MOTHER LOAD and reflecting PEK's market value is way out of line. I think that the PEK tonnage will blow the LYC resoucre size out of the water

    Good luck all longs!!
 
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