PEK 0.00% 21.5¢ peak rare earths limited

Ann: Macquarie Capital Appointed Strategic and Financial Adviser, page-41

  1. 1,725 Posts.
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    In years to come this Company is going to be a huge generation of REE and $$$$$
    Knowing what this Company has got in the ground, I have been an investor here for many years.
    It has been terribly frustrating seeing the sloooow progress.
    The main sticking point has been the fact that the Government has always wanted in house processing.
    It became obvious and it took Scrimshaw to realize that to get this project moving we had to agree to at least consider that option.
    The current REE prices are well down which has not helped the share price.
    But I agree, I have had enough of the waiting and would be willing to let my not inconsiderable holding go at the right price.
    $1 just doesn't do it for me.
    I would be happy with $2 which many might think is too high in light of the present share price.
    But the current share price is only a reflection of the current low REE prices.
    REE prices will pick up and the long term price is generally seen as going a lot higher, which everybody involved knows.
    In the mean time we need the current drilling results to be finalized and the results, which I expect to be very good, to be published.

 
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