rod
ita a long term buy but only when one feels a little more confident about MAK securing the financing they need to get this large resource off the ground (and their management ability to focus and deliver). Obviously RP price and Mak's ability to be able to establish a market without decimating long term RP price by heavy discounting. For these last observations, we are some distance away.
To put a bit of objectivity back into this thread how about the serious researchers put a collective peg in the ground as to the current postion of MAK.
ie. market cap
Jorc resource
debt
management record (both good and bad)
Major shareholders
Budgets for commitments
timetable for commitments
current RP price
best ever RP price
worst RP price
size of world market for RP
size of target market for RP
Stats on the current suppliers
cost of production - curent suupliers and estimate for MAK
etc, etc
I am sure there are enought competent punters on line for us to collectively tackle research in an organised way!
what do you all think
are there any diligent researchers out there who can put their hands up for one or more of the guides above, what other things should we cover!
one thing, ANY ITEMS ADDING TO THE PEG IN THE GROUND MUST BE ABLE TO BE SUBSTANTIATED
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another mak question re. spp, page-40
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