PEK 0.00% 21.0¢ peak rare earths limited

investor presentation, page-6

  1. 369 Posts.
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    It was a good presentation Lefevre, but the market still doesn't care. While investors need income (divs etc)and security they are not even looking at explorers good or otherwise. The wise investors in my view are the ones that look ahead. It will be 2014 before Peak is generating sales. A lot of businesses around the world have lots of cash reserves (they don't trust the banks now or long term). China wont stop growing, as well as a lot of other countries. Europe will lose its currency (probably out of the blue over a weekend).A lot of bankers are no better than a casino addict. As long as its not their money they are gambling, they will continue to be reckless. The rest of us need to let them fail, then the other businesses who still have some cash may lend to some honest banks on the terms set by the owner of that cash. Just look at our current leaders worldwide. They dont know anything about anything. They can delay a major recession coming but they cant stop it and it will be followed by a major depression. Back to Peak. If you can leave some of your cash in Peak, I still think it will pay major returns down the road. Thats why I think we need a key investor especially if they are likely to have a big order book to go with it. Put your shares in the top draw and let Peak get on with it. Technology wont stop because of a recession.

    Merv
 
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