PEK 0.00% 11.5¢ peak rare earths limited

Good thought Rameez, but my view has never changed on PEK, In...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 43 Posts.
    Good thought Rameez, but my view has never changed on PEK, In absence of known buyer for PEK's product, the project has little or no value - hence current sp. I must admit I always thought we would have locked in downstream partners well before now, but then the sovereign risk is clearly such a big issue no-one in their right mind would sign a deal. The question becomes IF we overcome the sovereign risk (to at least an acceptable level) and IF we have some buyers committed for our product - THEN what would this project be worth? Clearly LYC market cap gives some insight and the WES offer strongly validates it.

    So if we want to get back to good old days of "rockets to the moon" my call is that upon announcement of SML we get to 8.0c. Upon announcement of off-take partner we shoot to 15.0c. Any other takers???
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $51.95M
Open High Low Value Volume
11.0¢ 11.5¢ 11.0¢ $15.13K 134.1K

Buyers (Bids)

No. Vol. Price($)
6 156017 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 194933 3
View Market Depth
Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.