It's the worlds largest, highest NdPr grade, undeveloped REE mine outside China...
In this climate & that to come (for REEs) - it'll happen... Of that, I have no doubt.
Tanzania has a large mining export industry whereby 50% of their exports is via mining.
Mining is central to their populations wellbeing as it employs so many people.
If this was in Australia for example - at it's current stage of development - it would IMO be trading at around 400-500m mkt cap... Currently only 40m - 90% discount for sovereign risk is ridiculous
Here we go again, page-32
Add PEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $32.17M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.0¢ | $171.1K | 1.614M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 936286 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 130374 | 1 |
View Market Depth
| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| PEK (ASX) Chart |