PEK 4.35% 11.0¢ peak rare earths limited

Ann: Breccia Zone Trench Samples - Assay Results, page-24

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  1. 487 Posts.
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    shenghe has a time limit as to finance options from feed, the board also is active looking for other finance options, if shenghe doesn't come up with an option that offers all shareholders value . this has been put in previous announcements, I hope that management can secure 4 to 5 year repayment terms, as I'm sure by then the market will have better prices. If not then we are all in the wrong resource sector. I don't think management are twiddling thumbs , with all their eggs in shenghe finance bucket . Having alternative options adds leverage to shenghe offering a fair deal. Real risk is shenghe going broke once we are up and running and have to find a new offtake.
 
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