PEK

2.78%

18.5¢ peak rare earths limited

Pek, page-168

First 168 Last

Share
Profile

Follow
Rameez

12,302 Posts.

694

15/01/21

10:06

Post #: 50186702
Share

Originally posted by apsludh: ↑

17th September update from PEK had stated that SML was dependent only on Cabinet approval.

https://hotcopper.com.au/threads/ann-corporate-update.5629538/
ASX Announcement 17 September 2020
Corporate Update
Peak Resources Limited (“Peak” or the “Company”) continues to progress the development of its 100%
owned Ngualla Rare Earth Project (the “Project”) with the following events occurring recently:
• SML application continuing to progress
• Further steps taken to reduce costs and conserve cash pending receipt of the SML
• Board changes
Tanzania SML Process
Peak has previously advised that the Tanzanian Government’s review of the Company’s Special Mining
License (“SML”) application is continuing to progress. The Tanzanian Government has advised the
Company that its technical due diligence of the project and the SML application undertaken by the
Ministry of Minerals Technical Committee (“MMTC”) is complete. The technical due diligence is an
important step in the SML process as it was requested by the Tanzanian Government Cabinet before
they would give their consent to the application.
As part of the technical due diligence process, productive meetings were held during the months of
July and August to allow the Company to respond to queries the MMTC had with respect to the
application. All queries were answered to the satisfaction of the MMTC. This process is now complete
and the Company understands that the MMTC have finalised their Report.
The Technical Report is now awaiting submission to the Cabinet of the Tanzanian Government. With
the completion of this important step, the Company is now only awaiting Cabinet approval of its SML
application.
The SML is the final major regulatory requirement for the Project. Once approved, the Company will
be in a position to negotiate an economic framework for the project with the Tanzanian Government,
including the form and nature of the Government’s free carried interest.

Expand

October November December and half way through January 2021 and zilch. Jeez they move fast.

PEK Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

There are more pages in this discussion • 184 more messages in this thread...

First 168 Last

Add PEK (ASX) to my watchlist

(20min delay)
Last 18.5¢		Change 0.005(2.78%)		Mkt cap ! $49.28M

Open	High	Low	Value	Volume
18.0¢	18.5¢	18.0¢	$16.42K	90.98K

Buyers (Bids)

No.	Vol.	Price($)
3	101569	18.0¢

Sellers (Offers)

Price($)	Vol.	No.
18.5¢	34939	1

View Market Depth

No.	Vol.	Price($)
3	101569	0.180
3	469624	0.175
4	828674	0.170
1	212886	0.165
3	253156	0.160

Price($)	Vol.	No.
0.185	34939	1
0.195	71880	2
0.200	5500	1
0.215	10807	2
0.220	18500	1

Last trade - 15.45pm 12/07/2024 (20 minute delay)

PEK (ASX) Chart

Pek, page-168

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Pek, page-168

Top Stories

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

ASX hits all time high out the gate on Friday trades following bullish US inflation data

Immutep reports strong response rate from immunotherapies treating carcinomas

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News