The share prices has dropped to a low of just under AUS$0.50 but has recovered
a bit to sit within the range long suggested at AUS$0.50 to AUS$1.50 . The
Company continues in is preparations and developments.
In early May it presented this summary to a mining conference in South Africa
that gives a good and simple summary of the intentions of various counties in
their phasing out of the Internal Combustion Engine and the major car
manufacturers in their similar intention - all of course then aiming at the EV
market and of course the demand there will be for key REE's in producing high
grade magnets for EV motors.
It is as ever a long term hold.
https://wcsecure.weblink.com.au/pdf/PEK/02519774.pdf
Peter
