5 dollars, page-22

"Remember these people who got in first will often to try and sell the "FMG & PDN" story to you."

And then there's others such as yourself who will try and sell the RAU and POS and other fallen stocks story. Those stocks are no more relevant than FMG and PDN.

None of those stocks or MAK are comparable - they all have different commodities which means:

1) Different end users leading to being affected by totally different economic factors;
2) Different geological profiles meaning different capital and operating cost structures, time to production and risk factors;
3) Differing processing requirements which also affect capital and operating costs and risk (eg access to water is nowhere near as big an issue for MAK as for PDN) etc

In addition they all have different geographical locations meaning differing transport requirements and differing effects on ability to find labour. The companies all also have different management.