PEK 4.55% 10.5¢ peak rare earths limited

Up +50% in a week and little comment?

  1. 3,851 Posts.
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    Nice to see the sp action over the last few weeks and the solid breakout over the last week. I was waiting for it to clear 5c before buying in. I was a holder quite a few years ago and have kept an eye on it for a long time.

    My main RE exposure is Pensana, but Peak I think has a lot of catching up to do once the SML finally issues, helped further by the RE prices strong growth trajectory this year which could keep increasing given geopolitical restraints let alone demand. Surely we are looking at multiples here of the current share price.

    There’s been quite a price jump in ORR recently which is also waiting for SML issue. Hopefully someone knows something positive in that respect and it’s not just baseless speculation.....
    Last edited by denpal: 03/12/20
 
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