PEK 2.78% 18.5¢ peak rare earths limited

Pek, page-153

  1. sjl
    1,203 Posts.
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    Interesting choice of dates.. why on or before the 8th of Feb?

    Revolution Day is tomorrow; others have commented on that being the delineating point where cabinet is likely to start sorting through the approvals post-Christmas (meaning I wouldn't expect an SML license announcement before Wednesday at the absolute earliest.) But yes, I think it's pretty clear that the rise to 8 cents is on the back of expectations that the SML will be granted soon; a failure to do so will see it fall back below 4 cents in fairly short order. I think it's a gamble worth taking, but just remember that until the SML is granted (if it is), it is a gamble.
 
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