PEK 0.00% 20.0¢ peak rare earths limited

here it is!, page-36

  1. sjl
    1,224 Posts.
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    There will be rises, there will be pull backs. Doesn't matter, as long as the general trend is upwards. I'm okay with slow and steady gains; sure, it'd be nice to hit twenty, thirty, fifty cents, even a dollar ... but I'd rather see the share price build slowly and carefully, rather than froth and bubble over.

    Next step, I'm hoping, will be confirmation of either funds to build the mine, or off take customers. Either is fine by me (the latter gives us a strong case for bank loans to build - payback inside three to four years is more than sufficient to cover the interest costs, and it would mean no dilution from CRs. Debt to explore = bad; I'd run a mile. Debt to build = okay, especially if there's a clear path to sufficient income to cover the debt and its costs.)

    Right now, IMO, is exactly the wrong time to be selling. But please, don't take my word for it; the usual disclaimers apply.
 
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