Ann: Argonaut Research Note, page-4

The ass has fallen out of the REE market/price in the last 3 or 4 years and that is why rare earth companies around the world have very low share prices at this time. Some of the so called experts are predicting a steady price rise for certain elements. If that eventuates we should see share price appreciation on the back of that.
There are a handful of REE companies around the world that are very very cheap at the moment including PEK. I live in hope that the planets line up and PEK SP gets to around 30 cents in the next 12 months. Lots of ifs and buts in between resulting in a lot of us not making the best decisions but lets all remember we are free to make a decision one way or another and not to blame others. IMO PEK at 6 to 7 cents is great buying for a hold of up to 2 years. SPECULATIVE.