I think Shenghe's recent deal with VHM is actually a good sign, simply showing they are continuing on with their intended model of which Peak is a very significant part. It suggests to me that they remain on a solid and steady trajectory.
They are not the best ones to be in bed with but they remain Peaks only current available pathway toward development.
The recent drilling although a side show is at least a successful expansion of the suite of products Ngualla is offering.
It would be a great boost the shareholder morale to see management and governance taking a haircut even if only until the next milestones are achieved to avoid the need for any unnecessary raise.
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