PEK 0.00% 21.0¢ peak rare earths limited

Ann: Commencement of Exploration Programme, page-38

  1. 3,194 Posts.
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    Yeah, After close to a decade and a half of holding PEK I got bored and probably sold you my shares lol. PEK was back then one of the most exiting juniors on the ASX and in hind site I should have bailed at .80c when the opportunity presented but blind faith made me hang in to my detriment. I fail to see any big bucks to be made as a holder as I think bureaucratic bungling and procrastination by the T govt and a lot of poor calls by the PEK board over many years have taken the sting out of this exiting project. Also when a junior such as PEK endeavour to morph from explore to miner the capital required is mind boggling so all I see for the mid to long term future for PEK is a massive cash requirement and cash burn resulting in the SP going no where
 
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