Von Trapp, you are correct. GeoGeorge did a comparison a while back on the drill results to gold equivalent and the results were unheard of.
The market is catching up very slowly. I don't mind. Now PEK can be valued based on todays announcement and we dont have to say is it worth this much or that much. A peer comparison based on many variables will tell us where we stand. I'm guessing many are crunching the numbers.
Not only is the resource a monster but it has so much more going for it in terms of;
- strip ratio
- possibility of acid leach
- low impurities
- largest resource outside monopoly China
Now what is this worth lol? As long as it's worth more than 62.5c then we should continue to make money.
if pek was a goldie, page-4
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Last
17.5¢ |
Change
-0.010(5.41%) |
Mkt cap ! $46.62M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.5¢ | $19.24K | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 542410 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 52144 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |