capital raising , page-20

Last time we announced a cap raise the SP went through the roof. I am not certain we will see one for a while yet as there is no pressing rush ATM..

As others have pointed out these are not average results, they are significantly better than expectatation. They have expanded the resourse in a fundemental way and further sured up the likelihood of the Phosphate, Niobium,Titanium being stand alone commercial deposits hedging againsnt any future retractment in REE prices.

With the Middle East induced turmoil on the Dow our SP may not head back up today. However I am certain as these numbers and their significance sink in we should see a vast bettering of our current SP. The future of Peak Resources has been largely deriskied through these new results IMHO. It will be interesting to get some opinions from people involved in mining to see what they think.

Cheers Tretch