PEK 4.65% 22.5¢ peak rare earths limited

Management changes, page-4

  1. 7,963 Posts.
    lightbulb Created with Sketch. 687
    I doubt it would take 10 hours a week
    Probably not even 10 hours a month.

    Seriously.
    Given that their hands are tied,
    and the Tanzanian Gvt gives them the same old, same old, same old, rinse and repeat every time, and has done so for years.
    What is there for the board and staff to do?

    Even on a monthly basis
    NONE of the staff
    from the MD down,
    could collectively have more than a few hours of meaningful work.
    And the total value of that work on a reasonable hourly rate would amount to
    less than $1000 per week.

    The current Board/staff remuneration is a bloody disgrace.
    They should be stood down.

    Just like any business with nothing happening with the Covid 19 crisis
    stands down staff.

    If the thing does ever come together,
    the company can then re-employ the staff
    Or get new staff.
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $59.83M
Open High Low Value Volume
22.0¢ 22.5¢ 22.0¢ $16.04K 71.44K

Buyers (Bids)

No. Vol. Price($)
2 81124 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 3643 1
View Market Depth
Last trade - 12.27pm 03/05/2024 (20 minute delay) ?
Last
22.5¢
  Change
0.010 ( 4.65 %)
Open High Low Volume
22.5¢ 22.5¢ 22.5¢ 31878
Last updated 15.28pm 03/05/2024 ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.