PEK 2.50% 19.5¢ peak rare earths limited

With IFC involvement, it is even less againest for granting mine...

  1. 4,793 Posts.
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    With IFC involvement, it is even less againest for granting mine license for peak.

    So the market treat the IFC on board as more positive sign of helping Naugalla further into production.

    So on technical side, Naugalla is a premium, on financial side, peak does somehow assure the market Naugalla will be serious player in the Ree monopoly game.

    Therefore, the involvement of IFC has more power on peoples mind to believe Naugalla is a goer compared with the rest of ree peers with mounting cost to build mine and higher processing cost.

    no wonder the market is keep buying because it prefer more clear direction for Naugalla after seeing big names with big network and connection with financial world than simply extra 10 million funds from a tiny player.
 
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Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
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