Dumb old me keeps holding onto the hope that PEK will evolve as...

Dumb old me keeps holding onto the hope that PEK will evolve as the lowest-cost producer, and as bad as the basket prices are, it might actually just be the thing that saves us. If PEK is lowest cost, won't they be at the top of the shopping list for off-take customers? Seems to me all Ree projects can survive/progress only with the backing of customers, so only lowest cost will win. I'll hang around in the hope that's the outcome for PEK.

That said, current sp and threat of dud capital raising scares the heck out of me. Where's Jaded when we need some cheering up....