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.
there we go 100% of zari, page-7
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Last
21.5¢ |
Change
0.005(2.38%) |
Mkt cap ! $57.28M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.5¢ | 21.0¢ | $46.60K | 212.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 38694 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 139754 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PEK (ASX) Chart |