PEK 5.71% 18.5¢ peak rare earths limited

Like many, I am two minds about this.But at the end of the day,...

  1. 1,725 Posts.
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    Like many, I am two minds about this.
    But at the end of the day, shareholders have had a gutfull of the waiting.
    I guess all the discussions that we were told were taking place with Europe and the U.S. regarding offtake, came to nada. Unbelievable response form the west.
    If this is the attitude of the West to the "premier undeveloped rare earth project in the world" and to allowing China to continue to dominate REE critical metals, then maybe Australia is backing the wrong horse.
    If this is what it takes to finally get this project up and going then so be it.
    I'm backing Scrimshaw here. He has the score on the board in dealing with China and Fortescue Metals and he has solid contacts in China.
    Fortescue and China had a very good relationship, no doubt Scrimshaw had a big part in that establishing that relationship
 
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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