I missed the $2.5m that came in in January. I agree that leaves $3m in the bank after settlement but this doesn't change the fact that the market action is signalling a raising is coming.
Anyway the comparisons with Lynas highlight the real opportunity here:
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
The maiden JORC resource should substantially reduce this ratio in my opinion. I very much look forward to it.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
30.8¢ |
Change
-0.003(0.81%) |
Mkt cap ! $132.3M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 30.5¢ | $308.7K | 1.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 265633 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 704436 | 6 |
View Market Depth
| Last trade - 15.37pm 17/07/2025 (20 minute delay) ? |
| PEK (ASX) Chart |