re: Ann: Wonarah Phosphate Positive Dry Kiln ... Positive...

re: Ann: Wonarah Phosphate Positive Dry Kiln ... Positive announcement, that would of got overlooked yesterday. Focusing on the hard facts to support this announcement, Wonarah is the largest undeveloped rock phosphate project, and less than 300 kilometres from the north-south Darwin-Adelaide standard gauge railway. Benefits include Traditional Owner, Central Land Council and Northern Territory Government support.
The company's project has been granted Government Major Project Status, the only rock phosphate development with this status in Australia.

With these hards facts and no sovereign risk or war or corruption. You'd think that the probability of Asian investment is high. At this price I see it as a good opportunity. There are many stocks undervalued in relation to earnings right now that I could invest in, but MAK I see as having the biggest potential I'd any stock listed on the ASX. The pressure is on the management team to deliver.