At first glance I like it Vincenski !
The payment of 24,266,475 PEK shares at say 45 cents each is $10,919,913 plus $5,714,285 values the 20% at $16,634,198 which values the whole of Ngualla at approx. $83 mil.
But hang on, Zari has other assets as well. Like gold assets of which PEK also has jv's with. So this area is also being cleaned up.
A cap raising will now need to be done. At what price ?. This could be viewed as the only downer part in the short term.
In 6 months though it will be viewed as one of the great opportunities.
peak to acquire 100% interest in ngualla rare , page-7
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Last
20.8¢ |
Change
0.003(1.22%) |
Mkt cap ! $55.28M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.8¢ | 20.0¢ | $3.507K | 17.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 42810 | 1 |
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| Last trade - 15.59pm 02/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |