I am a stockholder in MAK/AEV for many years, I have seen them all coming and going and have experienced the rise and the fall. I personally think Cliff and his team did a great job and now we are in production i am amased about the sp drop and the fear in the comments. At this stage being a producer, even at a small loss ( if so we do not know even) is better then no production at all, this is essential for the companies future. I have never seen a company starting up production and making huge profits from day 1, all part of the game. They must gain experience and marketshare ( read built up relationship with customers ) in this field for the long term once Wonarah will be in production. I remain very positive about the future ( short term and long term) and this SP does not reflect the actual and longer term situation to my opinion. I am confident the board will find a good successor for Cliff who will eipand this company further into the next phase, so I am not even considering to sell at this level.
AEV Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
