dick block ?, page-13

Student:

"Another option is his appointment may be part of a GRAND PLAN plan which only a few are aware of. Why else, would he be coming on board ? Watch This Space."

Yes, part of a Grand Plan, but one we are all aware of.

HotRods65:

"i was under the impression that NMDC would be responsible for marketing the wonarah phosphate if the JV proceeds?"

It is and was always MAK that would be responsible for marketing. This is why this appointment is so important and spot on the money, not just for a posibble joint venture with NMDC, also if that falls through being able to market some DSO (remember MAK struggled previously to find customers) and also very importantly getting Sandpiper product into the market.

From AD presentation last June 2011

http://www.minemakers.com.au/downloads/110629AMECConvention.pdf

SLIDE 14

DEVELOPMENT: THE NMDC MOU
* India’s National Mineral Development Corporation
* Bombay SX: NMDC. Market cap US$22B
?* 90% State-owned, 10% float
?* India’s largest iron ore miner, expanding into fertilizers
?* NMDC to procure debt facility and reimburse certain MAK expenditure
* for 50% equity in the project
?* Minemakers to market the outputs
?* Exposes Wonarah to the growing Indian markets – the world’s biggest
importer of rock phosphate and chemicals