The finance and sale of teaside would be some welcome news to hear.
also the low capital development of phosphate mining would also be welcome news to hear , peak need to get the area mapped out which areas best to mine the phosphate from, which last reports indicated that was one target of drilling program.
if finance is available and they have the mineralization details they need to progress this from a non binding MOU with the Tanzania fertilizer company then this could Begin prior any finalized deals with shenghe .
fluorspar in phosphate isn't a problem as an additive to the fertilizer, although higher grades would be better to process as to value adding than spreading on a farm.
Anyhow i don't see it all as doom and gloom.
PEK Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
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