PUA 0.00% 0.3¢ peak minerals limited

I have taken a sizable position over the past days in this...

  1. 1,448 Posts.
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    I have taken a sizable position over the past days in this company after much due diligence, I see extraordinary value here.

    Hi to all, I appologise if some of the below is regurgitation but I think it is highly relevant and thought I would share.

    My investment case in summary -
    Peak Minerals
    Shares on issue ~ 615,000,000
    Top 20 ~ 37%
    Market Cap ~ $17 M (yes that is correct)

    Class project #1 - Yendon HPA (High Purity Alumina) Project - 100% owned - PFS completed 2018 - 30+ year mine life

    https://hotcopper.com.au/data/attachments/2895/2895644-84e7356f351d1ed05e06fdc6900a2d29.jpg

    Class project #2 - Hill End 7 Hargraves Project - 100% owned - existing JORC gold resource 501koz @ 3.3 g/t

    Newly acquired project #3 - Copper Hills
    https://hotcopper.com.au/data/attachments/2895/2895712-b31d544263f7d7786a292660779c5b96.jpg

    Newly acquired remaining projects initiated for exploration
    https://hotcopper.com.au/data/attachments/2895/2895744-44d2823097370e3398999db7433298f9.jpg


    With regards to the Yendon HPA project, have a look at the high purity alumina price advancing and FYI Resources. Their only core project will produce the same product as Yendon, recent MOU with Alcoa - currently a $150 M market cap.
    Hargraves/Hill End has 1/2 Million ounces in the ground so far, mostly sub 150m deep, they are going to hit that again later in the year after Barbara has investigated. Talking of Barbara, what a gem of a pickup via Greenrock, CSA Global senior and one smart cookie!
    Copper Hills, well that is one heck of a mineralised area and I have solid faith in some good drill hits coming this year. Copper a good commodity to be in this year,

    A new MD to bring life to these class assets (along with Barbara and co), and to cap it off Canaccord have been appointed corporate advisor just before Christmas, I really like this investment case.

    Looking forward to future discussions all.
 
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