AEV 0.00% 1.0¢ avenira limited

mak the knife, page-6

  1. 12,639 Posts.
    "Its going to be hit or miss.

    Make a packet or none at all."


    Followme,

    I think it's a bit rich for you to come on here and post about a stock that you don't own and that you never normally post about.

    I disagree with your hit or miss statement.

    The price of RP is currently approx US$450/t but for argument sake just take the project fundamentals at a RP price of US$200/t.

    That would give MAK a pre tax revenue of at least 210 million dollars. There is NO major production of RP coming online until 2012 at the earliest so the price of RP will remain at an elevated price.

    There will always be corrections from time to time however the fundamentals of this industry far out way the majority of others.

    There are risks in every stock that you invest into and there is a price for every stock no matter what.

    When sanity starts to come back into the market again MAK will once again start to rise and who knows, that time may be just around the corner?

    Cheers!

    Champ
 
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