geez guys, dont bother talking about me- talk about MAK instead. in regards to my valuations regarding MAK - they changed drastically after i realised how much OCP would flood the market. 8 months ago when i did my DCF's i didnt realise this. some people feel this won't happen, but i think this poses a serious threat to MAK on a fundamental level. if you disagree with this view then this is a very good price to be long (if you dont mind buying a downtrend that is). wonarah in itself is a very sound project. low overburden, logistically possible, low capex and with decent enough grades to be an operation. but if RP prices aren't there then it doesnt matter. it depends what your view on supply/demand is.
AEV Price at posting:
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