Maybe it is simple, but sooner or later MAK will start to export Phosphate. Sooner or later China will need millions of tons of the stuff and sooner or later MAK's share price will accurately reflect the massive value of their resource. As to the KRudd tax; a) its never going to happen in its current form. b) Phosphate is likely to be exempt. c) Even if it did occur, remember folks, its a TAX ON PROFITS. Once MAK starts to make a PROFIT all of us will be happy. No?
AEV Price at posting:
20.6¢ Sentiment: Hold Disclosure: Held
