I asked for MAK rampers as I need some help and who better to ask. I brought a considerable holding in MAK in the 39'5 to 40.0 rang, not blowing my horn as it doesn't come close to cleaning up my losses from the last 18 months.
ANYWAY
I got into MAK because I got sucked into the hype by MAK about population growth, land and fertilizer.
The last couple of nights I have spent considerable time looking into Rock Phosphate demand versus supply. I was a bit concerned what I found, surplus supplies through to 2013 at least and plenty of new production coming online to keep prices in check.
Went over MAK presentations and even MAK confirm higher costs until a rail spur or slurry pipe built.
So please WHAT AM I MISSING, as I hope MAK will be a good investment.
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