Peak should avoid a Chinese backer and stick to the Eurpoean direction that Appian is taking them on. Appian and IFC will bring in the funding required for the full capex. They have collectively developed dozens of mines globally. Chinese backing would bring with it uncertainty and conflict with their own REO industry.
The market will wake up to PEK and the backers behind the BFS capex.
PEK should not be compared to Lynas - different plant, different, locations, different products, way different funding.
R
Ann: Peak to Increase Focus on Magnet Metal Rare Earths, page-24
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