anyone, page-46

Traders are pushing the share price up and down. The stock is very tightly held and there is very little available for trading ths the wild swings. As long as the long-term large holders aren't sellin gtheir shares I remain confident for the future of MAK.

For long-term holders, whilst its nice in hindsight to say I should have sold and bought in lower, there is no doubt as MAK ticks more and more boxes that it will be revalued. If phosphate price remains anywhere near its current levels (or even 30 or 40% less) there is no way it can possibly stay at the current share price. I am confident we will see a much higher share price leading into feasibility outcome in a few months time.

No choice but to be patient. The current economic climate demands it.