Thanks Jaded l say that l don't believe they will take on a partner or investor yet until after JORC as that what has been said to me many times buy management. Although they are receiving heaps of interest and have had offers they believe that true value will come after JORC. They said we just don't want to give Ngualla away it would not be good for shareholders.
I understand its frustrating seeing our share price doing nothing when we just keep releasing fantastic results and if they took on a partner now we would see our SP go higher but l really don't believe that would be the best move, before we even have a JORC how much do they really know what its worth, 200 billion, 300 billion (which buy my calculations we have just hit).
Once Zari is finalised we will see Shaws give PEAK a big push, we have seen it many times before with Shaws they know when a raising is coming and they always send the SP higher, not long to wait now.
PEK Price at posting:
31.9¢ Sentiment: Hold Disclosure: Held
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