PEK 5.71% 18.5¢ peak rare earths limited

there we go 100% of zari, page-39

  1. 9,748 Posts.
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    Aksier - Thanks for the bottom line fact, once this truth permeates through the market psyche only then will PEK reveal its fair value...

    ..... "PEK's resource will likely be comparable or larger than LYC's

    LYC: Market Capitalisation A$2,365m
    PEK: Market Capitalisation A$89m

    Ratio of LYC market capitalisation to PEK: 26.5".....

    As mentioned a HEAP of work to be done to really be a comparison to LYC, largely the time lag to production but the upside is the low radiation levels.

    So even if we conservatively halve the ratio to 13.25 we get an indicative SP of around A$6.60

    I'd suggest a placement below $1 is low even for our implied potential cornerstone investors.

    JORC will clear up a few unknown and it would be good to hold off on any type of placement until it's released as this will help clear the clouds in your crystal balls and pave the way for some real time number crunching.

    I htink we are in for a big couple of days while the market digests our current status. CHOMP!
 
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