Thinking the same thing. Next 6 months Is going to be telling for the company in how they proceed. I wonder what went in to spending the 3 million in development? The new office looks to be worth 50k.
They will want to hope for a pick up in REE prices in the next few months if not FID will be surely delayed and only have cash for another half a year going off current cash burn.
Shenghe will be circling like sharks if REE prices are still in the bin in the next 6 months - year.
directors heavily underwater already since participating at 50c
Ann: Quarterly Activities Report and Appendix 5B - Dec 2023 Qtr, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $51.85M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $51.71K | 257.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 73648 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 1068 | 1 |
View Market Depth
| Last trade - 15.59pm 20/06/2024 (20 minute delay) ? |
| PEK (ASX) Chart |