nmdc approved wonarah investment, in quarterly, page-59

"Look at little phosphate RUM... +20% to $50m marketcap. without news... crazy"

agree crazy stuff, mak has two massive projects + billions of $$ of funding certainty to develop one of them. long life world class projects and the market cap is only $30 mill more than rum. mak is so much further advanced with mining approval, traditional owner agreements, wonarah is ready to go. wonarah deposit is massive compared to rums barrow creek and is higher grade. mak has also cash, plus about to get more $$ back form bcd + paid 20-40mill from nmdc for expenses on wonarah.