PEK 2.63% 18.5¢ peak rare earths limited

cash in the bank , page-3

  1. 37,911 Posts.
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    26th august 2011 announcement said:

    "Peak['s] absolute control of the Ngualla Project...gives Peak much greater flexibility to advance the Ngualla Project, opening up new potential opportunities for future
    funding requirements..."

    this infers PEK is in a position to place shares at a premium to the market price to a cornerstone investor

    ....
 
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