PEK 5.41% 17.5¢ peak rare earths limited

Ann: Peak and Shenghe Sign Offtake and Strategic Co-operation MOU, page-105

  1. 1,725 Posts.
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    If the West is so slow in picking up this project and allowing it to be taken over by the Chinese, then that is their problem.
    I'm not going to lose any sleep over it. Genghis Khan could manage it as far as i am concerned as long as it is successful.
    My priority is to get this project moving and i think this deal will assist in getting our long awaited Economic Framework Agreement.
    As i said previously, Russell Scrimshaw has the score on the board in dealing with the Chinese and has solid contacts in China and Shenghe have a proven track record with REE.
    We should soon have the updated BFS and hopefully the signing of the EFE which will see a re rating of this Company.
    Once we have that, hopefully people will feel more comfortable with this deal.
    And no I dont work for the Company or the Chinese.
    I just think we have been treading water with this project for far too long and need to get things moving.
 
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