PEK 2.50% 19.5¢ peak rare earths limited

Rameez, I have been buying over the last few years and trading...

  1. 3,135 Posts.
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    Rameez, I have been buying over the last few years and trading it when it failed to pump higher. Held a core holding and traded the rest in case of gapping up on major ann or massive volume increases.

    There is so much to like about Peak it is very hard to know where to start:

    1. Fastest time to get to the PFS and will be the fastest to get to production
    2. Great management.
    3. Low opex and getting lower with new beneficiation breakthrough
    4. Massive resource - world class.
    5. Sovereign risk is low in this part of Africa.
    6. Financial partners now involved so significantly de-risked.
    7. 50 year mine life. Wow.
    8. Quick payback time in 3 years - profits will flood the bank.
    9. Reduced capex forecast
    10. Massive market, non-exclusive to Chinese held resource, ie point of difference
    11. Relatively low no. of shares - only around 330m.
    12. Extremely low mc when compared to other RE companies. This can 10-bag easy from here in very quick time.
    13. Long basing of sp. The longer this continues, the steeper the sp increase. I believe it is now time.
    14. I have massive investments in around 10 companies, and will not cross-promote but PEK is on the cusp and have increased holdings now quite recently on its recent dips.
    15. proven fundamentals and technicals are now also falling into line.

    I could go on and on but that is all I have time for.
    Last edited by funkman: 20/04/15
 
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Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $51.85M
Open High Low Value Volume
20.0¢ 20.5¢ 19.5¢ $26.52K 132.5K

Buyers (Bids)

No. Vol. Price($)
6 143575 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 4000 1
View Market Depth
Last trade - 16.10pm 28/03/2024 (20 minute delay) ?
Last
19.5¢
  Change
-0.005 ( 2.50 %)
Open High Low Volume
20.0¢ 20.0¢ 19.5¢ 6439
Last updated 14.19pm 28/03/2024 ?
PEK (ASX) Chart
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