For any nvestors wanting to make money with MAK, I suggest you read the Vulcan announcement dated 2nd April 2013. I believe Vulcan are on the money with Minemakers.
Vulcan said about their 18 cent per share investment "it is a logical step for us to invest in Minemakers at such an attractive entry valuation, particularly combined with an option to increase our investment in the future." Remember they bought 14m shares at 18 cents (33% premium at the time), with 14m options exercisable at 30 cents.
The BFS is in progress with funds in place.
I would be interested in other people's view on Vulcan. Personally I think it's a good partnership and I'm glad to be buying at such cheap levels.
jcd and ihp, page-4
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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| 1.3¢ | 500000 | 3 |
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