asx query coming, page-10

Young gun

There has been a material change in the climate to cause people to jump in. Rising fertilizer and commodity prices and the huge jump in MAK last week has everyone jumping on any company that has anything remotely to do with phosphate or potash in the hope of finding the next MAK.

Have a look at what MLX and RWD have done. MLX jumped 20% in the last two days on news it had acquired a 75% interest in a prospective phosphate tenement. RWD has also doubled in the last week, despite no new news regarding its potash deposit and outstanding native title issues.

RDS has also had several mentions on the MAK thread, which has probably meant a few MAK holders have had a look (including me - I haven't bought RDS though as it doesn't fit my risk profile) and I'd imagine a couple of them probably bought in.