MAK is a bargain!!!
Current cash $28,299,000
Current market cap @ $0.12 = $29,700,000
Quarterly stipulated that JDC will be in production in September and offtake agreements are allready in place, so from that one could assume that the process works?
Vulcan is a substantial shareholder in MAK and we could expect them to increase their holding down the track.
I will be extremely surprised if the MAK share price is not double its current value by years end?
Cliff Lawrenson is to be congratulated on his performance in progressing Wonarah.
bargain
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