mako - 75c too far, page-37

This being the December quarterly report, wouldn't the announcement of the shipping of the bulk samples be separate, especially as they were supposed to be leaving at the end of this week, after the finalisation of the quarterly?

As far as the options, as well as the rock phosphate price needing to be higher for decent margins, an offtake agreement with one or more of the sample recipients would put a fire under the sp and more than likely see MAKO in the money. I'm sure the company would like to see this to reduce further capital raising requirements. The quarterly emphasizes that the MAK team are pursuing potential customers vigorously.

It's a fine line for the options, but once the samples are received and seen to be more than acceptable product this could all fall into place in time, with a continued rise in RP price.