Yep Wadsworth, I'm not going to disagree that it is an orphan sector. I've been short LYC on and off for ages with current position going since last Oct. Sold most of this in the 40's way back when the resource statement didn't attract inside money. So I'm hardly an optimist.
But I still think PEK has a good chance to make money on Nd and Eu, with La and possibly Ce covering costs. The mining is for kids in a sandpit and the metallurgy is suggested to be very favourable all the way to high purity concentrates. So all fairly low risk (if there are buyers). So, I can't yet write PEK off as a leading contender for ROW supply despite others stalling and stumbling. The Koreans paid up for Frontier's South African play and to my mind Ngualla is much better than that.
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Mkt cap ! $53.28M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 45441 | 20.0¢ |
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Price($) | Vol. | No. |
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21.5¢ | 14748 | 4 |
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No. | Vol. | Price($) |
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1 | 45441 | 0.200 |
3 | 51025 | 0.195 |
2 | 38000 | 0.190 |
1 | 70000 | 0.185 |
2 | 26666 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 14748 | 4 |
0.220 | 21750 | 2 |
0.225 | 15764 | 1 |
0.230 | 50000 | 1 |
0.235 | 129418 | 2 |
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