In a way hippop is right. There is current influx into phosphate...

In a way hippop is right. There is current influx into phosphate stocks because of the current short supply. There is an abundance, its everywhere but it will take a long time to (at least 5 to 10 years) to potentially readdress the balance. No doubt there are many companies who will (and in fact already are) jumping on the bandwagon and many will fall by the wayside. This however is the beauty of MAK. They have a very well previously explored region which has proven to have a profitable resource over approx $100/tonne. They have the opportunity in the hort-term to become a producer which puts them well ahead of many others and is the exact reason MAK is much more desirable than most other companies out there at the moment. Hippop, you are actually supporting the case for MAK. Your comments are actually more accurate for the many companies that will undoubtedly jump onto the bandwagon.