To put this in context. Incitec Pivot is a fairly large fertilizer company producing considerable amounts of DAP but with fairly poor RP (they import quite a bit also). IPL market cap is 6 billion.
I consider the resources that MAK has in Wonarah and Namibia to have bigger growth, they have the largest private source of RP and would be the worlds 7th largest country (or there abouts) But even if that is wrong and MAK is a half IPL (and then half that again for the 50% of Wonarah and forget about mining Namibia.)would put MAK at $1.5 billion potentially or $7.50 at todays share price structure.
This deal is potentially very huge.
I believe we have found Godot.
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