PEK 0.00% 20.0¢ peak rare earths limited

Hahaha......Its ridiculous. PM8 and ASM !!!!!ASM has been shovel...

  1. 385 Posts.
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    Hahaha......Its ridiculous. PM8 and ASM !!!!!

    ASM has been shovel ready for over 12 months, CANNOT get financing, has only 50% the TREO of PEK, capex too high, MC of 800m !!!!
    PM8 have just found a site to process in the UK......Enviro, planning, funding, feasibility still to be done on the site, BFS still to be done on mine and process facility !!!!!
    MC $250m

    Just goes to show you how valuable that SML is to PEK. We completed BFS, pilot plant, enviro years ago.

    There is plenty of room for PM8 and PEK, after the pivot away from China.
    But being the first new RE mine in 10 years will be awesome for the SP !!!!!!

    The SML is so close, I can smell it !!!!!


    Last edited by JackMac1: 30/12/20
 
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