program update, page-15

tonio

PEK has a MC of $45m

its immaturity & unknowns are priced in. it upside, unlike LYC, is potentially large

PEK is in very benign bastenite (unlike the laterite or whatever geology LYC is in)

MCP certainly went broke but obviously they will not be using the same archaic plant & technology that sent them broke

comparing the old & new MCP is like comparing LYC to Mitsubishi (whoever) when they went broke polluting Malaysia with their rare earth plant

get with the present. get real

yes. Between 90–95% of the remaining junior miners will be wiped out, such as GGG, ARU,...etc, etc,...

but not PEK. PEK is truely world class. their potential, despite the middling 4% grade, is speculatively better than any other company to produce at the lowest cost per % of grade

do not dismiss the "weathered basentite"

PEK has more HREE than MCP

wait & see