PEK 7.14% 19.5¢ peak rare earths limited

Directors skin in the game, page-4

  1. 12,300 Posts.
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    A very good summary of the current situation Gopher. REE prices at all time lows.
    Normal price = $97 million OPEX for about $100 million return on annual basis is ok.
    Current prices = $97 million OPEX for about $15 million return on annual basis is not ok and wont happen. Definitely need much higher prices or the French salesman to pull a rabbit out of the hat and negotiate long term contracts at viable rates.
 
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