AEV 0.00% 0.9¢ avenira limited

latest info, page-6

  1. 3,648 Posts.
    Perhaps ppl have forgotten that MAK intend to ship DSO for the first few years and we are waiting on more news in that direction. Also, MAK has invested in Namibia where the RP OPX could be considerably less.

    MAK also has other projects it could progress if the RP falls to "uneconomic" lows, etc. (a good saying to describe MAK is "many irons in the fire", IMO). If world economic recovery continues over the next couple of years, the demand for resources will only go up, so even slow progress will see MAK "in the money" eventually. Although, IMO, I don't see them slowing down or abandoning Wonarah at this time - the indicators are pretty fair, again IMO.

    If ppl are worried about short term profits, perhaps they should sell now (I'm waiting in the wings!), otherwise I suggest they broaden their outlook...
 
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