PEK 9.30% 19.5¢ peak rare earths limited

Ann: Bankable Feasibility Study Update, page-9

  1. 596 Posts.
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    Right - so, you have two options.
    Option one - you can vent your frustration, scream and kick around like as children tend to do, sell all your PEK holding where you clearly stated you give two F#$s about and enjoy the rest of your life. OR
    Option two - You can take a step back and enter the real world where disappointments like this are a part of reality and be patient.
    Patience is the key here. I'm not sure who said this, but certainly a wise person - "The stock market is a vehicle to transfer wealth from the impatient to the patient"

    Try and appreciate the current situation:
    - We at last have some certainty as regards to our direction
    - We have (based on the announcement) certainly reduced our CAPEX by a significant margin.
    - We now have that breathing space to assess the options of refining in UK vs Tanzania, all this without significantly affecting our project timelines.

    Be patient wink.png
 
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