HotRods, I am a very long term holder and will be there for the long haul, however the Quarterly just released gives the first indication by management to the market that the production schedule "may" not be met. IMO it has no chance in hell and that is why the sp is heading south. They are way behind on several fronts now, eg BFS, DSO upgrade, TO Approval and they still haven't advised that the samples have now been shipped (which would indicate that they haven't). On top of that, they cannot move ahead with contracting the freight, mine contracting etc,etc.... If what i am stating is not correct surely MAK management would have come out by now and stated otherwise? The market IMO is now aware of these facts and subsequently the share price is falling and will continue to do so until these delays are dealt with. Apart from those issues MAK has a bright future, but it is going to take a lot longer than i originally anticipated, unfortunately.
AEV Price at posting:
44.5¢ Sentiment: Hold Disclosure: Held
