PEK
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0.00% 19.0¢ peak rare earths limited

molycorp all cashed up.

  1. retrac
    4,119 Posts.
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    02/02/12
    09:12
    Post #: 9632218
    Thought this deserved a new thread.

    Molycorp raises 390m USD which it says is not going towards its current campaign to restart its mining and processing facilities in the U.S.

    All speculation but could Moly be looking to fund PEK in some way with an offtake agreement? Certainly would give them ample supply to satisfy the growing demand for REE's.

    Cheers

    Retrac
    PEK Price at posting: 46.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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