i like mak but there are a few potential negatives .
1, magnetite is the poor cousin of hematite . far lower grades recovery etc higher transport recovery costs ( more digging )
2, phosphate 1200klm from port . mine wise ,enviromental impact etc still needs to be done along with everything else that goes in making a mine plus deposit needs proving up although much has already been proven . phos price needs to stay at viable level
3, fluorite tungsten etc . i think research will show that mak are waiting on metalurgy results that are roughly 1 month overdue from europe . is mr d in europe because of this also ? it seems that the metals are very tightly bound hence they were sent to europe to see if they could be recovered
4, i think i was the first to post mr a.d going to europe .
mak has some very interesting tenements , either management were very shrewd/ lucky . or other let them go because ?
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