what do canadians know, page-3

Well, there is the total pie "730 million" that we could get. $100 mil was spent on the other Aussie company but a $300 mil spend on Mak would put the SP at $1.50 minimum at just the cash value. Nice find.

Considering our prospects for generating cash are quite large with the resources at hand, $300 mil wouldn't be unreasonable. Especially with the Market Cap to buy out of 1:4 for the other company, 1:3 for MAK wouldn't be too bad. $300 mil would get close to the funding and the banks could cough up the $1-200 mil more for total project funding.

MAK is looking north of $1