Have to agree Sjl, well said.
When JORC is released I believe PEK could be valued between $1 - $2 = $200m - $400m roughly.
Closer to $2 when a cornerstone investor comes onboard.
The closer we get to production, the higher the price should go.
If we get to production and not taken out beforehand, then $1 Billion+ market cap is in order. Depending on how many shares are issued will obviously determine the price.
$5 is my magical figure, but not before 24 months time and hopefully PEK will be able to produce a concentrate and sell to someone to process.
there we go 100% of zari, page-44
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 21.5¢ | $39.30K | 178.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72374 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 34158 | 2 |
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| Last trade - 15.42pm 31/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |