Ce and Lan are used in Hybird car.
i read Chinese financial news from Chinese websites.
all i wanna indicate in my previous post is that although Ce and Lan is not the main profit contributor, but it does have some value there for Peak due to the future of hibird car as long as the operating cost is lower than others, (which i believe it will be lower than others)
therefore, not like somebody(which has not show up here quite a long time) downramp here before, Naugalla is no good because it have lots of Ce and Lan, while intentionally ingore Naugalla ore grade, Met,etc.
whoever said at 7.9 cent was silly to ignore the reaction of market to what Naugalla could offer and its POENTIAL....
i am not beting on Peak but believe it.
Rare earth ‘grade leader’ Peak Resources’, page-22
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Mkt cap ! $53.28M | |||
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