PEK 0.00% 20.0¢ peak rare earths limited

Ann: Ngualla Project Update , page-47

  1. 7,432 Posts.
    yes there are times when Market Depth runs on false impressions,Shady but imo this isn't one of those times
    other than in the sense that a FA true believer who bought and holds from a much higher price can't believe that so many shares are selling the Market,their "baby".

    It is ridiculous that in a FA sense the PEK speculation has been clarified by the JORC as backing for a rerated Market Cap yet we return to the pre Jorc price.

    Shady it's not some TakeOver Conspiracy to rob you,it's mainly a lack of buying pressure to meet the disheartened sellers.
    I bought the Open today but sold the Day.Still have my free carry but that's little joy.Should have sold the lot in the 50's.

    Anyhow as Happy Cats pointed out today's Benif/Mettalurgy comment about the few only 8% concentrate holes has to be considered in terms of identifying the Prime Ground REO Tonnage 'adjustment',also a near future CR high probability,
    Blessed Lynas doing some dang thing etc etc

    but mostly something FA inspiring cos lordie knows the TA is abysmal.

    need a drink,several in fact
    "accused" of being a dogooder today.

    It's more that I'm On the repent now.
 
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