the board is a disgrace - open letter, page-53

Peak has a lot in common with Arafura - neither can raise the necessary funding - on tha point there IS a direct comparison

How can you claim the PEK deposit is far superior when you haven't completed the metalurgy - it's not what's in the ground that counts - its how much it costs you to get it out of the ground that counts - I suggest you read this last point many times - because if you can't extract it for a profit them it's going to stay in the ground

.. and Peak announcements STATE they are now looking at alternative methods of extraction - tells me they are yet to find a viable way to get this out of the ground

Oh dear - how will PEK get funding If that is the case

Face facts of they had cracked the metalurgy they would be optimizing - what ever happened to that BS about a couple of months to complete the metalurgy - you are no chance of an off take without cracking the metalurgy