News: Minemakers makes a solid start to 2011 - Mr, page-32

re: News: Minemakers makes a solid start to 2... "They have been sicne 2008 so i take all that with a grain of salt as they have been chatting to interested parties for over 2 years now and there has been nothing come of it. I want the VERTE deal of course."

I appreciate that they've been moved timelines time and time again which doesn't help build confidence in management and the company

That said however, the plan that management now have to move into downstream processing rather than just straight DSO operation. This is probably one of the best decisions that management will make in the long term as we're not so dependent on rock phosphate prices to remain profitable given even at the current rock phosphate price (~US$160) we're just profitable according to the feasibility study.

Maybe it's all a sweet dream and none of this will ever come off. But as they say, follow the money, and plenty of money has gone into the stock in the last few weeks.