PEK 5.71% 18.5¢ peak rare earths limited

china slaps export quota on rare earth all , page-13

  1. 6,604 Posts.
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    Well, I was reading that the LYC basket price is now @ $180. This is good news. The bad news is the U.S market is still getting belted following European concerns for Greece and Italy.

    So not expecting a great day on the market here on Tuesday. Thats ok, we have time and we have the cash to do the drilling so its just to get on with it and not worry too much about things we cant control. The price of our main asset(REEs) is going in the right direction and not much else on the market is so I reckon we are having a win.

    Goodnight

    Tretch
 
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