could mak pull a bau, page-8

Co has stated that this placement will primarily be with Nth American investors with a couple of local players getting in it as well - (the NT businessman on site the other day?) Anyway this one is a private raising with the stated objective of bringing in some big names to the register. Names the Co thinks will create interest for MAK by their presence alone - USA/Canada names I'm thinking as this is where the main public raising will occur in Sept.

Pure conjecture but if said businessman onsite is offered part of this placement at 65 or 75 or 85c while Mak is at 55c he would also quickly grab what he can of the difference on the side - this is why a premium can be had with small private raisings - hard to buy that much stock at a fixed price anyway. When the same occurs in Nth AMerica and a well known Ag name/investor shows up on our register - will drive the price up further allowing for a Sept float much higher than present as a public raising. The bigger names on the register will also give much confidence for the TOronto listing public.

The higher we go the less dilution the bigger the return and surer the project - it's a snowball if it works and so far so good.