I think you have some good points regarding supply/demand however do your really think there would be such international furore developing if high level government analysts didn’t believe REE demand was going to increase substantially?? Ive gotta say its really starting to smell like a high tech arms race between China-US out there.
Besides this I also believe that PEKs fundamentals (High Tonnage-Good Grade-Low Uranium-Positive Preliminary Metallurgy) will shine through in the end. A premium is always placed on excellent projects... guess what we have one!
BTW I'm punting the selling is reaching exhaustion.
tough going, page-51
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $49.28M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $16.42K | 90.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 101569 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 34939 | 1 |
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| Last trade - 15.45pm 12/07/2024 (20 minute delay) ? |
| PEK (ASX) Chart |