PEK 2.56% 19.0¢ peak rare earths limited

Nothing really new came out of the meeting. Current Tanzania...

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    Nothing really new came out of the meeting.
    Current Tanzania administration keen to promote Mining.
    New legislation lays down solid/sound guidelines for future Mining.
    Seemed hopeful that the SML approval was close. Recent discussions have been very positive.
    Discussions have taken place regarding off-take agreements and Finance. Seem confident of progress if/when SML is approved.
    Tees is an excellent location to process our product.
    Demand is expected to outstrip supply of REE's in coming years. Price upwards of $100/kl. Our cost $32/kl.

 
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