mooroolbark, have you read the thread?
Quote from OP: "So, given that Capex will exceed existing cash reserves, do you have a feel for how management will fund the balance prior to the commencement of mining?"
Quote from me "If they are excercised at 75c... that is an awful lot of capital for MAK.".
...
Do you need me to join the dots, or can you now see where my POSITIVE, constructive post comes into it?????????
I am a holder, and, my sentiment proobbbbbbably should read medium-term risky buy.... but, it kind of depends what mood I'm in. I am not confident enough to throw extra money in there now, but, I dislike the stock. Overall, I guess, my sentiment is best matched with 'hold'... but, I would rather withhold my sentiment as it's not set, etc, it changes, etc, theres nothing that matches it perfectly, etc, and a whole host of other reasons.
MAK is one of my least favourite stocks, but, I still believe there is a great chance (>>50%) it'll be well, well above 38c in 8 months time. As such, I continue to hold..... semi-happily. I'm NOT negative on MAK.
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