PEK 0.00% 19.5¢ peak rare earths limited

Ann: Peak and Shenghe Sign Offtake and Strategic Co-operation MOU, page-104

  1. 3,669 Posts.
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    You seem to have a problem with recognising that Economics is closely linked to Politics ~ you only have to se what happened to Truss to see that. The Chinese certainly realize that control of Rare Earths is going to be a major factor both economically and Politically; they already demonstrated that in 2011 when they sanctioned RE's in response to a Japanese incursion. Even Trump / Biden have discovered that Rare Earths are Critical to Defense and their Economies. And I don't think my message is not getting lost ~ just look at our respective likes ?

    Now I have already suggested a possible way forward, ASIC first followed by a Class action, yes it will take time but I think it is the only way that Shareholders might get a decent return. It was not that long ago that everybody was expecting an Australian or UK Government grant; how many of you wrote to your local Member ? Why not spend ten minutes doing that now, get your Politicians on board and ASIC might wake up.

    Of course for those who are happy with China controlling their finances, don't complain when the money they are bribing you with, finally dries up.


 
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