AEV 0.00% 0.5¢ avenira limited

did mak mislead investors?, page-25

  1. 5,299 Posts.
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    Oh no woe is me, the sky is falling.

    Seriously folks we all know MAK has held up comparitively well over the past couple of months but eventually the negative sentiment has to get to it as well.

    Now rock phospahate is supposedly down to US$200 or US$450 (if you believe the Chinese base rate for 2009) But does anybody want to comment on projected operating costs for Wonarah. Oh yeah US$100 so MAK still has a bit of room for profit.

    So if the scoping study is pretty much as we expect, its like I've said before. $0.14 0.44 or $1.14 it still all looks like a bargain (albeit speculative)to me.


 
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