PEK 4.76% 22.0¢ peak rare earths limited

Ann: Commencement of Exploration Programme, page-25

  1. 4,114 Posts.
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    To me this is a smart Strategic, plan by management.

    You sometimes you have to read the announcement and sometimes you need to read between the lines.

    So with No drilling for over 5 years, these Minerals have gone Up in prices.

    Know if we do find something of higher values, what would happen to our share price.

    But even better still, what happens if we get Multiple bidders for Peak, in an eventual Take Over.
    Who wants our Rare Earth, or who wants our Niobium, who wants our Phosphate, who wants our Monazite.

    Smart move by management and a postive 1 also.

    IMHO.

    Regards

    Rossi70
 
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