PEK 7.69% 21.0¢ peak rare earths limited

I reckon a prudent approach. They'll be aware that there'll be...

  1. 51 Posts.
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    I reckon a prudent approach.

    They'll be aware that there'll be other companies sniffing around (whether or not any of them have informally approached them); couple that with Shenghe interest and I assume pre-empting positive FEED results at end of November, this is smart to enable them to react quickly and respond for the best outcome.

    I reckon 1.40/50 would get it across the line as well in short term, but pending an announcement closer to May, perhaps the company is thinking longer term, and waiting for a golden amount after many years of waiting...(themselves included).
 
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