PEK 2.70% 18.0¢ peak rare earths limited

Novac, I have made no secret of the fact that I have been...

  1. 3,237 Posts.
    Novac, I have made no secret of the fact that I have been looking for weaknesses in the PEK case - but in fact today I have found another positive

    yes it's hard to believe, but it's true ...

    I suspect that Ce Oxide and La Oxide will essentially be worthless by the time PEK gets into production simply because they will be in massive oversupply (Molycorp for example right now can't sell all the Ce Oxide they are producing) - so that leaves Nd as the next ace in the PEK hand

    the distribution of Nd in the PEK deposit is around 26%, where as one of PEKs competitors Dong Pao Rare Earth deposit has only 11% Nd

    can't dispute the facts
 
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