AEV 0.00% 1.2¢ avenira limited

Free Tin cans. 4-5c worth? Without the spin, MAK would be...

  1. 3,731 Posts.
    Free Tin cans. 4-5c worth?

    Without the spin, MAK would be sub-30c stock. The much anticipated paper profit from BCD is evaporating fast. Just find out the new high grade zone of BCD was continently discovered early this year.

    Best strategy might be to wait for sky-rocketing phosphate rock price to offload MAK before the bankruptcy of BCD.

    IMHO, currently the board and the management are not mine maker material, their expertises are limited to exploration and promotion. To move forward, they need to restructure the board, and find suitable personal to run mine business.

    Or stay where it is, promote it, and sell it to a big brother, don't waste more money on troubled gold mine or unprofitable geographic ill-fitted phosphate rocks.

 
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