AEV 8.33% 1.1¢ avenira limited

mak may be too late, page-31

  1. 3,159 Posts.
    Break-even at best - Not economical at worst...

    We need a PFS before we can honestly comment on cost base (OPEX).

    Mak needs to be producing within 2010-2012... Or the risk expands greatly.

    I'll definitely continue to hold for now - Phosphate price is still in an uptrend and no new supply has been forecast before 2010.

    Pat
 
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