PEK 7.32% 19.0¢ peak rare earths limited

Ann: Revised Scoping Study delivers lower costs f, page-21

  1. 3,401 Posts.
    lightbulb Created with Sketch. 72
    re: Ann: Revised Scoping Study delivers lower... one can say what one likes about the sector and the finance side of this co but as a long holder ive watched a lot of other ree companies go on the nose over the past two years, and basically become half unviable due to the volatile nature of the sector. Name any other Ree company which has been as forward moving in the last twelve months. Not even lynas has moved forward as much.

    what pek has is big, boring and cheap, it is a hedge in itself and therefore robust, not just as a short term proposition but one that should be able to survive and even prosper in ANY Ree climate, not just when various baskets are going gangbusters and not just when the chinese allow.

    its just a matter of what slice we end up with as (mostly) little guys in the final wash up.

    TH Friday am for mine.
 
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