after the barrick fiasco, which took years away from ALL explorers from getting licenses, shenghe changed the game from PEK's perspective, hence (imo) why scrimshaw was brought in - someone with years of experience and the ability do a deal with the chinese - of course we're gonna lose a bit on any deal with shenghe - they will be propping up the project
as i've said previously, the west had plenty of years to show an interest and take a slice in PEK, but did what?
fkn zip - hardly management's fault
the scale of this operation? - scrimshaw has stated "major" - that's just the REE - then we have that other high grade side dish waiting to come to fruition, but PEK have made it clear REE first and foremost
agonising wait, but these are the cards dealt
PEK Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
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